Momentum building for Los Alamos Cooperative Market

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By Carol A. Clark

More than 350 people have become members of the Los Alamos Cooperative Market to date.

Even more joined Saturday when co-op movers and shakers conducted tours for nearly 100 people at the store’s building site in Entrada Business Park, just west of De Colores Restaurant near the Airport Basin.

“It’s going to be a full grocery store with a deli, meat counter, canned and frozen foods as well as health and beauty products,” co-op Vice President Karen Kendall said.

A lot of the people who sell products at the Farmers’ Market will be suppliers, said Board President Nancy Savoia.

“Memberships are the way people can help us open our doors,” Savoia said. “Members are owners; similar to the La Montanita in Santa Fe.”

Board Treasurer Kathy Campbell explains that the co-op will be capitalized by lifetime memberships, member loans and member investment.

“The member loan program is in essence how we raise our down payment,” Campbell said. “Interest will accumulate over four years and payments will start in six years, so we’ll be paying back the interest and loan in 10 years.”

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