1) Comfort Kitchen Investment Vote ︎︎︎
Ujima Fund Investment Vote: Comfort Kitchen
Open from March 14 until March 27, 2023
Do you approve of an investment in Comfort Kitchen?
The Ujima Fund Management Team has proposed an investment of $200,000 for a duration of 4 years, which will be divided into two components. The first $100,000 will be allocated as a term loan, carrying a fixed interest rate of 4%. The remaining $100,000 will be made available as a line of credit, carrying a fixed interest rate of 5%.
How to Vote:
Step 1: Ballot | Fill out a short online ballot
You can review the Ujima Fund’s Investment Opportunity Memo, which presents key documents, recommendations and comments from the Investment Committee and Ujima members about the investment opportunity.
Remember, you have until March 27th at 11:59PM to complete your ballot. We need 51% of voting members to submit their ballots!
You can review the Ujima Fund’s Investment Opportunity Memo, which presents key documents, recommendations and comments from the Investment Committee and Ujima members about the investment opportunity.
Remember, you have until March 27th at 11:59PM to complete your ballot. We need 51% of voting members to submit their ballots!
Step 2: Phone a Friend | Call a Ujima Voter
After you complete your ballot, visit the Voter Phone a Friend List. We've provided a short script on the list to help with your call, text, or email to a friend.
Pick one person you know and another person you don’t know to remind and encourage them to vote. Ideally, we’d like each voter to be contacted at least three times!
After you complete your ballot, visit the Voter Phone a Friend List. We've provided a short script on the list to help with your call, text, or email to a friend.
Pick one person you know and another person you don’t know to remind and encourage them to vote. Ideally, we’d like each voter to be contacted at least three times!
Events
Comfort Kitchen Credit Memo Q&A
March 6th, 2023 at 6:30 PM ● PAST
Bring your questions and comments for a live review and Q&A session on the credit memo with members of the Ujima Fund Management Team, Investment Committee, and Comfort Kitchen.
During this session you will:
- Learn about Comfort Kitchen, which is seeking investment from the Ujima Fund.
- Review Comfort Kitchen's information to see if you have questions or need clarification.
- Share your insights to help Ujima decide if Comfort Kitchen could be a good investment.
Lines of Credit 101 Workshop
March 6th, 2023 at 7:30 PM ● PAST
Lines of credit can be a powerful tool for businesses or individuals looking for flexible and accessible financing. But what exactly are lines of credit, how do they work, and what are the benefits and drawbacks?
In this workshop, we'll answer these questions and more as we take a deep dive into the world of lines of credit. We'll cover the basics of how lines of credit work, including how to access funds and how interest is calculated. We'll also discuss the key differences between lines of credit and other types of financing options.
In this workshop, we'll answer these questions and more as we take a deep dive into the world of lines of credit. We'll cover the basics of how lines of credit work, including how to access funds and how interest is calculated. We'll also discuss the key differences between lines of credit and other types of financing options.
