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 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.