A Word From
Our Leaders

Resilience is at the heart of what we do. Thanks to your support, the New Hampshire Community Loan Fund’s lending and coaching are helping families become first-time homeowners, local farmers adapt to floods and droughts, and small business owners revitalize Main Street shops and restaurants.

For Guy Pichette, a resident of Cotton Farm Village Cooperative in Danville, resilience means that after two unsuccessful attempts by the residents to purchase the park, he kept the dream alive for 27 years by filing the cooperative’s annual report every April. When the third opportunity came around, they were ready to seize it. Cotton Farm Village became New Hampshire’s 152nd resident-owned community (ROC) in June.

Andal Sundaramurthy used a loan to purchase equipment that will increase her farm’s flexibility in the face of unpredictable weather. That means a longer growing season and more cherry tomatoes, cucumbers, and chard for her rural community.

For Tanglewood Cooperative, a ROC in Keene, resilience means coming together to recover from a summer storm that damaged more than 50 homes — and planning for a sunnier future.

These are just a few of the stories that highlight why our neighbors-investing-in-neighbors philosophy, fueled by donors and investors like you, is so effective. We’re making more than loans — we’re helping your neighbors achieve their dreams.

What Makes Us Different Keeps Us Resilient

As we close our fiscal year, we’re proud to share many remarkable successes in this impact report. We’ve seen high-impact and high-volume lending across all our programs and historically strong financial performance for the organization as a whole.

2025 also brought new challenges, from decreasing federal funding to another year of high-interest rates.

It’s not easy to attract loan capital that works for our borrowers in a high-interest-rate environment. We don’t want to pass on those high rates to our borrowers.

But, a prescient decision made decades ago by previous Community Loan Fund boards and leadership positioned the organization for this moment.

A core part of our mission has always been connecting people and organizations with resources to their neighbors who need them. And...

while others in our industry pivoted away from their local investor networks in favor of securing government funding, we maintained focus on our individual and institutional investors and, most importantly, our borrowers.