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The Working World Ngo
Information by Research TrustFinance
Founded in Argentina in 2004, The Working World is a non-profit revolving loan fund established to support worker cooperatives. The organization's mission is to build a democratic economy by providing investment capital and technical assistance to businesses that have no other access to financing. It operates on a principle of "non-extractive finance," meaning loans are repaid only from the profits of the business, ensuring the financial burden does not cripple the cooperative. The model was pioneered with recovered factories in Argentina and has since expanded to support various worker-owned enterprises in the United States and other parts of Latin America.
Argentina
Industry
Financial