CAIC is a Canadian Alternative Investment Cooperative that was founded over 20 years ago by religious communities to provide financing to charities, non-profits, and social justice groups. It has over $7 million in assets and a $4 million investment portfolio. CAIC provides an alternative source of funding to conventional lenders by offering mortgages, construction loans, equity investments, and loans. It looks at measures of social benefit, financial soundness, and community impact when evaluating investment opportunities. Currently it has invested $150k in 5 community loan funds, 3 of which are located in Quebec.