Ashoka Fellow
Canada
Fellow Since 2004
Vartana, Community Bank Initiative
    This description of Aaron Pereira's work was prepared when Aaron Pereira was elected to the Ashoka Fellowship in 2004.
    Introduction
    Aaron Pereira is creating Canada’s first bank directly servicing citizen sector organizations (CSOs). His Community Bank Initiative will harness and redirect CSO strengths and assets, while investing all surplus generated back into the sector. When fully functioning, the bank will make CSOs financially stable, boost Canada’s economy, and improve community welfare.
    The New Idea
    The Problem
    The Strategy
    The Person

    Updates

    Aaron left Vartana in 2007. Vartana was part of a small group that successfully engaged the federal government to invest $150 million in social investment funds across Canada, work with credit models for lending to charities and non-profits, and to do policy work related to social finance. Aaron is currently working on The Wellbeing Project (http://www.wellbeing-project.org/) and lives in Paris.

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