Connect with us

Crowdfunding

“La Libre Stays”: Community Crowdfunding Secures Bookstore’s Future

La Libre, a self-managed bookstore, launched a crowdfunding campaign to raise €100,000 to secure its premises after avoiding eviction through community loans. Running until June 20, the initiative seeks both funds and public engagement. With 25 years of cultural impact, the project emphasizes collective support to ensure its long-term sustainability and community presence.

Published

on

La Libre

The self-managed project La Libre has launched a crowdfunding campaign under the slogan “La Libre stays,” with the aim of raising funds to cover the purchase of the premises it has occupied since 2009. The initiative comes after the bookstore managed to avoid eviction thanks to the financial support of people linked to the project.

The campaign, which begins on May 1st and will run for approximately 45 days—until June 20th—aims to raise around €100,000. This amount represents the remaining balance of the property’s cost after its acquisition, financed through interest-free loans generously provided by people close to the bookstore. The immediate goal is to repay this money “as quickly as possible,” as explained by spokespeople at a press conference.

The group that manages La Libre emphasizes that the campaign is not simply a fundraiser, but rather aims to strengthen the social fabric that sustains the project. In this regard, they are appealing to the public not only to contribute financially, but also to spread the word about the initiative and participate in the activities held at the bookstore. “It’s not just a bookstore, it’s a network,” they stated.

The launch of the crowdfunding campaign comes after months of uncertainty, following the announcement last December that the premises were to be sold. Faced with the difficulty of meeting market prices or finding an alternative space with similar characteristics, the group opted to pursue a community-based solution that has ultimately ensured the project’s continuity in its current location.

La Libre: 25 years of free culture

With over 25 years of history, La Libre has established itself as a landmark space in the city, hosting meetings, cultural activities, and gatherings of diverse social groups. Its operating model, based on self-management and volunteer work, sets it apart from typical commercial practices, promoting an “accessible and critical” culture where “all activities are free: nobody charges, nobody pays,” they emphasized.

La Libre stays: a self-managed bookstore in Santander avoids ‘eviction’ thanks to donations

La Libre stays: a self-managed bookstore in Santander avoids ‘eviction’ thanks to donations
The crowdfunding campaign marks a new chapter in the project’s history, driven by the need to ensure its long-term sustainability. In addition to direct donations, the collective has announced the organization of activities and events aimed at raising funds and increasing the initiative’s visibility, in an effort to broaden its support base.

Loan repayments and the upkeep of the space now depend largely on the public response to this campaign. As they concluded, it’s about “maintaining and sustaining a collective project” that they consider fundamental to the cultural and social life of Santander.

(Featured image by John Michael Thomson via Unsplash)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in elDiario.es. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

J. Frank Sigerson is a business and financial journalist primarily covering crypto, cannabis, crowdfunding, technology, and marketing. He also writes about the movers and shakers in the stock market, especially in biotech, healthcare, mining, and blockchain. In the past, he has shared his thoughts on IT and design, social media, pop culture, food and wine, TV, film, and music. His works have been published in Investing.com, Equities.com, Seeking Alpha, Mogul, Small Cap Network, CNN, Technology.org, among others.