...as several new annual contracts. This growth meant new expenses, specifically a need for a new commercial van. Hakim’s regular check-ins, on-time loan payments, and the insights he had gained from his...
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...Finance Justice Fund, a $1 billion effort to raise capital for CDFIs — Twitter was our first investor. We know that when extreme economic and social events happen, recovery is slowest in the poorest, most underappreciated, and underestimated communities. OFN wants our...
...the administrator of the U.S. Small Business Administration, Isabel Guzman. “The expansion of (CAMEO’s) incubator program, funded in part by an SBA grant, will help lenders acquire the knowledge and...
...Action’s Semi’a Loan fund (Seed Fund), a microloan program that provides low-interest loans (between 2-3%) to entrepreneurs. Inspired by Inclusive Action’s advocacy work alongside street vendors, the Semi’a Fund loan supports...
...if the certified B-corporation was looking for funding. Andrew and his wife Jennifer founded B’more Organic, a skyr-like organic, no sugar added, strained yoghurt smoothie, after a life-changing moment in...
...dwellings,” said PQC President Michael Sorrell, who was recently named Fortune magazine’s “World’s 50 Greatest Leaders” and the HBCU Male President of the Year by HBCU Digest for a record third time. Breaking ground last August, PQC’s new campus...
On November 14, the Wells Fargo Foundation announced a historic $10 million grant to OFN member NALCAB (National Association for Latino Community Asset Builders) to support growth-oriented lending to minority-owned businesses nationwide through a network of...
...average); 39.7 percent of CFI loans are in low- and moderate-income areas (28 percent program average); and 15.7 percent are in rural areas (16.6 percent program average). Throughout the pandemic, the country has seen what CDFIs...
...the House-approved funding level of $304 million and we encourage CDFI supporters to do so as well. Visit OFN’s Policy Action Center to take action today. For more information on OFN’s appropriations advocacy, contact Dafina Williams, VP, Public Policy. ...