Mother’s Day Surprise

Mother’s Day Surprise

The outreach team from the 5th District of DC’s Metropolitan Police Department paid surprise visits to seniors and others in their area, dispensing roses, candles, and cookies and muffins from Breadcoin vendor Mission Muffins.

This Mother’s Day surprise was an encouragement to the women, especially during a pandemic!

A partnership between the Washington, DC Police Foundation and Breadcoin has provided the officers with a new tool to use in building positive community relationships, feeding people and showing up to let people know they care.

During this challenging time for small businesses, Breadcoin vendors, including Mission Muffins (which is doing its business by online orders with delivery or pickup) have stayed open. A win/win for partners like the DC Police Foundation and for vendors too!

Message from the Founder

Message from the Founder

Breadcoin’s founder on why Breadcoin was created for such a time as this:

Scott Borger is a Ph.D. economist who in 2016 partnered with Cary Umhau to create the Breadcoin food token that is feeding the community, supporting local food vendors, and providing loans to businesses that might not otherwise have access to credit.

In this video, Scott talks about how we can respond to the COVID-19 health emergency through a community response to hunger.

Breadcoin Microloans

Breadcoin Microloans

Investors help vendors grow their businesses with low-interest loans that are paid back in Breadcoins.

A unique feature of Breadcoin is our microloan program. We match investors with needs and desires that our vendors have to grow their businesses.

Vendors with whom we’ve established a relationship are eligible to apply for these micro loans. Preference is given to businesses in low-income areas where food choices are often more limited; that is where we are focused anyway. We also appreciate being able to create opportunities for those who would find traditional avenues for lending inaccessible or burdensome.

Our Breadcoin investors receive their money back with interest, paid in Breadcoins. This is an ideal scenario for those who are committed to giving over and over — helping a business grow and then feeding many more people with the returns on that investment.

Contact Scott Borger to learn more about this loan program.

 

Photo: grwview photography

More about Mama’s

More about Mama’s

‘Cooking With Love’ For Anacostia Residents At Mama’s Pizza Kitchen

We love this radio story from several years ago about our vendor Mama’s Pizza Kitchen, which is still going strong (and now accepting Breadcoins). Listen in to Rebecca Sheir of WAMU.

Here’s a snippet:

Musa and Fatima have been in business in Anacostia since 2012. Here at the corner of Martin Luther King, Jr. Avenue and V Street SE, they serve up fresh pizza, lasagna, sandwiches, wings and barbecue, for take-out, delivery or dining in.

“Mama does everything from scratch,” Musa explains. “It’s just like at home, I’m telling you.”

Our First Loan Payoff

Our First Loan Payoff

Breadcoin had a glorious celebration of our three-year partnership with the Central Union Mission, DC and of the payoff of our first microloan, the lease of a food trailer for their Mission Muffins enterprise.

WGTS 91.9 was broadcasting live, and we love the wonderful work they do in the community, including their current sock drive! They interviewed Cary Umhau, one of our co-founders, about our work, introducing their listeners to the idea of becoming Breadcoin members.

Our team, friends, Breadcoin and Mission fans cheered over the key moment when our founder Scott Borger handed over the deed to the trailer to Mission President/CEO Joe Mettimano.

We consider our partnership with the Mission a match made in heaven.

Announcing Two New DC Vendors

Announcing Two New DC Vendors

WASHINGTON, DC – A DC-based organization announced two new participating vendors in Washington, D.C. accepting breadcoin tokens as payment for food and drinks at their establishments.

Breadcoin is excited to welcome the new vendors serving the Anacostia and Ivy City neighborhoods. We are thankful for all of the food providers committed to the DC community.

The new vendors are:

Mama’s Pizza Kitchen 
2028 MLK Jr. Ave., SE

Texas Chicken and Burgers 
1239 Mount Olivet Rd., NE

 

 

Photo: Sharon Gustafson

Breadcoin and Ben’s Chili Bowl Team Up

Breadcoin and Ben’s Chili Bowl Team Up

Breadcoin partnered with DC legend, Ben’s Chili Bowl during the government shutdown in January, 2019 to ensure that workers without paychecks could receive a meal.

Founded in 1958, Ben’s Chili Bowl is a landmark DC restaurant that has provided meals and much more to the community for over 60 years. We’re launching our partnership on MLK Day, Monday, January 21st in the spirit of Dr. King and Ben’s long history of giving back to the community.

Breadcoin and Ben’s Chili Bowl are excited to be among the people and businesses engaging the community to meet its needs.