In October, 2017, The Naked Cow Dairy, with an endorsement from Slow Money Hawaii, borrowed $10,000 on KIVA.org, the online lending network. 116 KIVA lenders contributing to the loan which was raised in about one week.
The loan was to help this Waianae boutique dairy better secure it's milk supply for the processing of it's amazing artisan cheeses, while also reducing their overall cost of production.
Naked Cow used the money to repair several gates on the property, so they could safely shuttle cows between the rear paddock and the milking parlor. With materials purchased, the next phase of the project will be to install fencing to secure additional milking cows.
The dairy began repaying it's loan in May and is on track to grow it's business with cheaper milk and happier cows!
Mary is the founder and volunteer facilitator of Slow Money Hawaii. Her last career was in non-profit fundraising where she matched donors with opportunities to align their charitable dollars with their values. Mary saw a dis-connect between the goals of charity and those of business. Both need money to operate, to generate a return, and both should be benefiting their commun-ities. So, why treat the two so differently? Mary felt there should be a middle road and began hearing about the emerging 'third sector,' also referred to as 'values investing' or 'impact investing.' In this sector, Mary discovered Slow Money and the opportunity to match her fundraising skills with her love of farms, food and Hawaii's natural environment.