Northeast Organic Farming Association of Vermont

The NOFA Vermont Revolving Loan Fund was jointly established in 1994 by NOFA Vermont and Chittenden Bank’s Socially Responsible Banking Fund (formally Vermont National Bank). NOFA Vermont manages the $90,000 fund. The motivation to create the fund arose from an increasing number of loan requests from small scale organic farmers; farmers who lack credit history and therefore could not secure conventional loans; and the need for short-term working capital.