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Today (at my fiat job) we're raising $1.39MM in community financing to help a company in Bristol Bay, AK called Circle Seafoods build a mobile salmon processing barge.

The barge will be out-fitted with flash-freezers, storage, and ice production to help fishers out on the water sell their catch at peak quality (fresh from the sea) and for a premium.

We launched two hours ago and have raised over $905k!!

This community lending model is a great way for communities and businesses that need access to capital to bypass big banks. Community lenders earn the return as opposed to giant financial institutions.

Check it out #nostriches. This is community supporting community to build resilient and free (as in speech) food systems.

https://gosteward.com/projects/circle-seafoods/mobile-salmon-processing-barge

If any of you jump into the campaign (loans can start at $100 USD), please ping me here and let me know.

#regenerativeagriculture #foodfreedom #fishing #food #farming #fiatfood #grownostr #freedom #community

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Discussion

jsm 2y ago

Just passed $1 Million. In 2 and a half hours. This is fun to watch.

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Tico 🇨🇷 2y ago

How does it work? If I send 232486 sats ⚡ with lightning ($100), it will go to a loan to community, and I get some return back? Is it in lightning ⚡ too? How often ?

Alejandro 2y ago

Just loaned them $100. Thanks for highlighting this opportunity to support a farm.

jsm 2y ago

Thanks Alejandro! That means a lot to me. I'd love to hear your thoughts on the experience--now and going forward.