A Community Shares are a form of democratic finance. They are withdrawable non-transferable shares in community projects or enterprises serving a community purpose. The main attraction for community bond investors is the community return that the investment brings. The face value of the shares does not change. Investors receive interest, but the interest is dependent upon the performance of the project or enterprise. This type of capital can only be raised by co-ops and community benefit societies (BenComs). loan is a loan that is taken out by an organisation that has offered community shares to the general public, but did not meet their required finances from the share offer. The loan can be used to help an organisation proceed with a project if the A community share offer is where a community benefit society (bencom) or a co-op offers shares in their enterprise or project in order to raise capital. didn’t raise sufficient funds.