Based in Los Angeles, The Black Cooperative Investment Fund (BCIF) is a 501(c)(3) nonprofit, community-based fund that utilizes cooperative economics to build financial assets for Southern California’s African American community. Founded in 2016 and officially launched in 2017, BCIF pools dollars from individuals and corporations that are passionate about economic empowerment for the African American community and distributes those funds via microloans. 

BCIF is California’s only community-based, non-bank controlled, African-American focused, microlending organization. At full scale, BCIF projects that it will generate at least $1.2 million in net financial assets for every $500,000 – 2.4 times the amount of the fund (a net gain of 140 percent on the fund’s investment).

BCIF’s vision is to provide a dedicated, reliable, and perpetual source of capital to create assets and build wealth for, and within, African American communities.

Without intentional efforts to build and leverage its own economic capacity, the African American community is facing economic genocide! The growing American backlash toward efforts to uplift people of color and the general ineffectiveness of traditional (and/or outdated) social justice efforts require the African American community to galvanize its resources to spur its own economic growth. BCIF believes economic empowerment is the primary platform for social justice efforts as we move forward in the 21st Century. By moving the needle forward economically, we believe there will be significant strides in the political, social, and environmental justice landscapes for the Black community.

JOIN THE MOVEMENT! Learn more about BCIF at: www.bcifund.org

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For more information, contact info@bcifund.org or 310-904-6336.

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