A bond is a low interest loan that members can purchase in order to invest in the co-op.  Sprouts is planning to sell bonds (also called members’ loan) to raise funds for our co-op. The first set of bonds are planned to be launched in Spring 2018 at $500 increments with 3.5% interest, considerably better than a Canada Savings Bond.  Each bond had a five or ten-year term; interest began to accrue after two years (2020).  Members can purchase up to $10,000 per person per calendar year. The board will re-set the interest rate in the subsequent set of bonds based on financial situation of the co-op.

Donations of any amount can still be made at any time. However, as Sprouts is not a registered charity, we are not able to provide charitable receipts at this point.