Oma Maa is a food cooperative, co-op for short, based in Tuusula and Helsinki. It consists of both producing members (farmers) and food members, who adhere to the principles of community-supported agriculture (CSA). Oma Maa’s food production is based on the principles of permaculture, adapted to local conditions, and efficient circulation of local natural resources. Ecological efficiency is achieved through diversified food production. The objective of Oma Maa is to enable a good, ecological life for its members by creating a unique example of self-sufficient, ecological, and carbon-neutral food production in Finland. 

Oma Maa invites you to join an all-year-round ecological community revolving around Good Agriculture. Here, agriculture refers to the cultivation and development of arable land to fulfill people's need for food as well as other basic needs, and to enable good, ecological life for its members. Read more about Good Agriculture at Oma Maa (in English).

At the beginning of 2021, Oma Maa has been producing diverse food for around 100 households involved in the co-op. After several financially difficult years, the operating incomes of the co-op are now covering the operating costs. However, there are several investments that now have been put off for too long. Oma Maa intends to further develop its operations further through investments in order to be able to grow and produce food for around 200 households in total. Read more about Oma Maa's finances here (in Finnish).

Investing is also possible for non-members

In March 2021, the co-op decided to raise capital and issue equity shares. The goal is to raise an investment fund of 150.000-200.000 euros over the next three years. The first equity shares will be issued during fall 2021. 

Oma Maa’s investment budget for 2021 is 50.000 euros. This money will be used to acquire new farming machinery to improve efficiency and work safety, improve the land and regenerate existing crops, build an irrigation system, engage in reforms to improve animal welfare, and update some food processing equipment. The investment budget will also be used to pay off investment debts made during 2020 when starting the aforementioned investments (around 16.200 euros).

The investment plan for 2021 can be viewed here and will be frequently updated to ensure transparency.

Sustainably grown food and prosperous land are the most important things we have. This is why I have decided to join Oma Maa's loan circle.
loan ambassador Maija Lumme

Spring 2021: The loan circle

Schedule
  • May-June 2021: Forming the loan circle
  • August 2021: Information about the equity shares and the conditions to convert loans into equity shares
  • September-October 2021: Issue of equity shares and conversion of loans into shares
  • February 2022: Due date for loans that are not converted into shares

In order to enable the investments to be made in time to impact the co-op’s harvest during summer 2021, Oma Maa has decided to create a loan circle. The loan circle is created in order to raise temporary funding (bridge funding) before the first issue of equity shares during fall 2021. The lenders can either convert their loan to equity shares in fall 2021 or are paid back before the end of February 2022 using the returns of the first issue of equity shares in fall 2021.

The aim of the loan circle is to collect between 23.000 and 50.000 euros during 15.5.-21.6.2021. The loans made through the loan circle will be short-term loans with a yearly interest rate of 2,0 %. You can also decide to give the loan interest-free.

Everyone can join the loan circle with the amount they are willing to give, how big or small that might be. As there are always risks involved in farming and in business, the amount needs to be small enough so that the lender can stand to lose it in the worst-case scenario.

Register your loan to Oma Maa with this registration form no later than June 21, 2021 (here, only in Finnish, see model below for English translation).

The registration form asks for information to be included in the bond (see the model of the bond here) such as your contact information, the amount you are lending, and the account number where you want your loan to be paid back. You must also approve the terms of the loan on the form. You will receive the payment information in your e-mail together with the information you provided on the form in your e-mail after submitting the form. We will send you a signed bond by the end of June.

Questions?

For further information, see Frequently Asked Questions about the loan circle (in Finnish).

There are already 28 lenders who have joined our loan circle. They have contributed over 18.000 euros in total (updated 15.6.2021).

You can contact our loan ambassadors for further information about the loan circle:

Sami Keto, sami.keto(at)gmail.com  (040-0628292)

Sofia Laine, sofia.laine(at)nuorisotutkimus.fi

Marika Lohi, marika.lohi(at)ehtaraha.fi  (050-3574661)

Maija Lumme, maija.lumme(at)gmail.com

AK Varjus, ak(at)sustis.fi, (050-4344034)