The Kachuwa Impact Fund (pronounced KAW-choo-wuh) is an investment cooperative and public benefit corporation focused on owning and operating “impact real estate” and investing in privately held “impact companies.” As a cooperative, Kachuwa is democratically owned and controlled by its members. By design, at least 60% of Kachuwa’s assets are real estate and no more than 40% of its assets are investments.

Kachuwa is similar to a Real Estate Investment Trust (REIT) combined with a mutual fund whose diversified holdings have a positive impact on society and the environment.  Kachuwa’s goal is not to maximize financial return; instead, it is to create positive impact while earning reasonable returns for its members that may be considered “below-market.” Consequently, Kachuwa’s investors tend to be people who are seeking private impact investment opportunities that are better aligned with their progressive, broad-based values rather than the short-sighted, bottom line focus for which Wall Street is known.Kachuwa is a cooperative corporation formed under Colorado law.

A cooperative corporation is one that is formed for the benefit of its members, provides for one vote per member (regardless of the amount of their investment), and distributes profits on the basis of “patronage” – which generally means the amount of business done with the cooperative. Kachuwa has also elected to be a public benefit corporation (PBC), which is a type of corporation that explicitly authorizes its governing board to consider factors other than investor profit in its decisions. These factors can include environmental, societal, and community impact, as well as the interests of diverse stakeholders such as members, creditors, customers, tenants, employees, and vendors.