Nana pushed me to earn my college degree. Opportunity Fund helped me save for it!
– Kiara, Wesleyan alum

Microsavings

A savings account opens the door to financial stability. Opportunity Fund leads the nation in microsavings.

When you can’t pay rent and have to choose between feeding your kids and going to the doctor, building savings seems out of reach. We’re proving it’s possible: With an average monthly income of just $1,830, our savers put away $80 each month in pursuit of a better life. The transformation continues from there: low-income households continue to save each month; open savings accounts for their children; and pass along financial habits and information to the next generation.

Learn How it Works: Microsavings

Working families have too little in the bank
Classes teach financial skills
Families start to save $20+ each month
Donors match deposits 2:1 as savings grow
Lives change

Micro savings.
Macro impact.

1 in 5 Californians has less than $1,000 in the bank. If you didn’t gain solid financial habits and a sound financial education from your parents, where can you learn to manage your money?

We believe savings and financial education are the foundation everyone needs to build financial stability. Every $1 our low-income clients save is matched by $1 from our donors and $1 from us, along with financial education classes that cover topics like: budgeting, credit repair, and goal-setting.

After she’s reached her savings goal, the financial education; newly formed savings habits; and sense of accomplishment are what provide the real hand-up, charting a new course for her and her family.

Total deposits & earnings: $13,810,155
Savings accounts: 4,031
Hours of financial education: 48,372
Women savers: 70%
Ethnic minority savers: 87%
Average household income: $22,000
Percent that keeps saving: 75%
Parents inspired to teach their kids to save: 70%