Slow Money movement comes to Ky. - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Slow Money movement comes to Ky.

Posted: Updated:

LOUISVILLE, Ky. (AP) - There's a new option for loans for some small-scale farmers looking to increase their production.

The Courier-Journal ( reports it's called Slow Money Kentucky, and it's the latest of 10 investment clubs and 19 local Slow Money chapters that have formed across the nation.

Slow Money matches local investors with famers and small food producers. Loans are typically between $1,000 and $10,000 and require no collateral. A sustainable local food economy is the goal.

The formation of the chapter in Kentucky came as Louisville prepares to hold an international gathering in November of people associated with the Slow Money movement.

Information from: The Courier-Journal,

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

310 Broadway
Cape Girardeau, MO 63701

FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and KFVS12. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.