Green Loans

Welcome to Transition Salt Spring Enterprise Cooperative (TSSEC)

Transition Salt Spring Enterprise Co-operative

TSSEC was established in 2011 in part to enable islanders to invest in our own community. The Co-op provides microloans to Salt Spring businesses and projects that reduce the community’s dependence on fossil fuels and/or increase local resilience to the effects of climate change.
The Co-op has provided over $100,000 in loans to sixteen projects, including the Electric Vehicle Charging Station at ArtSpring, the community Abattoir, and the Booth Canal pathway.

Elizabeth White (Pres)
Inga Michaelsen (VP)
Nora Layard (Secretary)
Donald Mclennan (Treasurer)
Darryl Martin
Markus Wenzel
Nicole Melanson

Our vision for Salt Spring is a vibrant, resilient Transition Community, less dependent on imported energy sources, with a strong  local economy and healthy ecosystems. We are contributing to this vision by connecting members with local projects that lower our carbon footprint, reduce dependence on fossil fuels, and provide other environmental and social benefits.

TSSEC operates under the Cooperative Associations Act of BC. As a cooperative, TSSEC is owned by its members who elect the  volunteer Board of Directors at the Annual General Meeting and provide guidance to the Board.

To apply for membership or a micro-loan, apply below.

The purpose of the Co-op is to support green projects and enterprises on Salt Spring that help to address climate change and reduce fossil fuel use, that make our community more resilient to economic and environmental challenges, and generally increase community well-being.

Since 2011, TSSEC has provided over $100,000 in micro-loans to more than a dozen local organizations and enterprises. To be eligible for support, a project must meet TSSEC green criteria for two or more of the following: energy, community and ecosystem health, localization, and fair business practices.

For more information about TSSEC, and how to become a member, please download the brochure below and read the Enterprise Co-op News.

TSS Enterprise Co-op Loan Recipients

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Enterprise Co-op News

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