We are publishing Co-Fund’s financial report for 2023, as we do every year, with the aim of ensuring transparency in the operation of our venture.

2023 was another milestone year for Co-Fund, as we proceeded with three new funding disbursements totalling €14,000 — a volume nearly three times that of 2022. At the same time, the outstanding funding from 2022 was fully repaid in a manner that supported the long-term viability of the funded venture.

On the revenue side, however, growth was marginal compared to the previous year — a reflection of the difficult economic conditions that inflation is creating for the working majority of the society we serve. Nevertheless, the gross result for 2023 is set to further strengthen Co-Fund’s funding capacity for the new year.

Once again, the solidarity of our community members demonstrated its power. We press on so that this power may reach even further!