Our Impact: Microsavings

How Microsavings Work:
  1. Only 8% of low income students graduate from college
  2. Students enroll in financial education classes
  3. Students start to save $20+ each month
  4. Donors match deposits 2:1 as savings grow
  5. Dreams come true

of savers are women

Median Household Income

Alba
Opportunity Fund holds a special place in my heart for investing and believing in me.
Amount Saved: $6,000
Hometown: San Jose, CA

Alba grew up in Chihuahua, Mexico, where an education is a privilege that not everyone can afford. In 1995, her family moved to the United States in the hope of a better life and a brighter future.

Alba enrolled in San Jose State University to pursue a degree in photography. As Alba explains, "Getting a college education is important to me because it empowers me to act upon the world and be a better person." Even though Alba was motivated, there were times that she felt unsure that she would be able to continue her college education, simply because she didn’t have enough money to cover the cost of tuition and books. It was then that a few friends from school mentioned Opportunity Fund’s Savings Program.

Alba enrolled in Opportunity Fund’s Savings Program, completed financial education classes, and saved $2,000. Our donors matched her savings 2 to 1, and she had $6,000 to help cover the cost of tuition and materials.

Alba not only acquired the financial resources she needed to support her education, but also built the habit of saving and learned better ways to manage her budget. "Opportunity Fund is more than a savings program, it is also a support system that believes in the goals and dreams of students."

A child is 7 times more likely to attend college if she has a savings account in her name.
"Microsoft proudly supports Opportunity Fund's work to build economic opportunity in California, and we value the strategic and innovative ways Opportunity Fund maximizes every donation."

Jessica Weare, Microsoft