A Team Of Builders

Opportunity Fund believes that everyone should have the chance to build a dignified life, regardless of their economic background. Our commitment to social change, entrepreneurial spirit, and focus on results ensure that the Bay Area remains a community where individual effort is rewarded by community support. With your help, we’ve invested over $178 in million in the community to build businesses, open the door to a college education or citizenship, and develop safer and more affordable housing for more than 12,000 people in the Bay Area who needed a helping hand to leverage their own hard work.

Letter from Eric

Bigger, stronger, better. That describes Opportunity Fund in 2010. Against a backdrop of soaring unemployment and an economy barely treading water, our high-impact microfinance programs generated real economic growth by investing in the Bay Area’s greatest resource—its people.

By providing microlending and microsavings tools, we helped our clients build their financial know-how, build their small businesses, and build a path to opportunity and a brighter future. By convening the field’s practitioners, thought leaders, and enthusiasts, we helped to strengthen a movement to nurture microfinance in our own backyard.

This annual report highlights a remarkable year for Opportunity Fund. More importantly, it celebrates the aspirations, drive, and success of our extraordinary clients, who do the hard work and inspire us every day.

Eric Weaver

CEO and founder

Our Staff

Opportunity Fund brings together people from across the Bay Area who are dedicated to helping others achieve their dreams.

Board List

Marc Rand, Chair

Loan Officer, Marin Community Foundation

Board member since 2008, Chair since 2010

Ash McNeely

Executive Director, Sand Hill Foundation; Senior Officer, The Pew Charitable Trusts

Board member since 2008

David Krimm

Head of Research & Development, SVB Financial Group

Board member since 2008

Hilary Abell

Executive Director, WAGES

Board member since 2006

Jose Quinonez

Executive Director, Mission Asset Fund

Board member since 2009

Julia Brown, Esq.

Vice President and CRA Officer, Charles Schwab Bank

Board member since 2008

Michael Gallagher

Senior Vice President, Small Business Credit, Wells Fargo Bank

Board member since 2009

Nancy Ragey

Independent Consultant to Nonprofit and Philanthropic Organizations

Board member since 2006, Chair from 2008 to 2010

Pat Krackov

Program Officer, Silicon Valley Community Foundation

Board member since 2008

Robert Shoffner

SVP Region Manager Commercial Banking - San Jose, Citibank N.A.

Board member since 2008

Roxann Burns

Senior Vice President and SBA Manager, Heritage Bank of Commerce


Board member since 2006

Susan Harper

Senior Vice President, CDFI Lending and Investing, Bank of America


Board member since 2010