Blog

Pushing for reform and investment in all communities

Posted on May 17, 2013 by Gwendy Donaker Brown

Opportunity Fund is supporting reforms to the Community Reinvestment Act, legislation critical to our small business microlending.

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Opportunity Fund gets to the 'yes'

Posted on May 16, 2013 by Laura MacArthur

April was a record month at Opportunity Fund. We made 104 loans to small business owners throughout California, lending a total of $1,559,424. To put that in perspective, during the entire year of 2009 we made 151 loans and lent out $1,093,307.

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$30 Million from CDFI Fund in New Markets Tax Credit award!

Posted on Apr 26, 2013 by Caitlin McShane

Opportunity Fund is pleased to announce we have been awarded a new $30 million allocation under the U.S. Treasury Department's New Markets Tax Credit (NMTC) program. NMTC was created to increase economic opportunity in distressed areas of the nation. A total of $3.5 billion in NMTC allocations were awarded this week, to 85 organizations nationwide, through a highly competitive application process.

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Center for Financial Services Innovation profiles Opportunity Fund's Start2Save microsavings initiative

Posted on Apr 22, 2013 by Gwendy Donaker Brown

Center for Financial Services Innovation profiles Opportunity Fund's Start2Save microsavings initiative

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Opportunity Fund is Expanding to Greater Los Angeles!

Posted on Apr 10, 2013 by Eric Weaver

Opportunity Fund is expanding our microlending to Greater Los Angeles! In the coming year, Opportunity Fund plans to lend $4 million to help more than 600 entrepreneurs in Greater Los Angeles to grow their business, boost their income, and hire new employees. This is an ambitious plan for growth. Combined with our plans to continue to scale lending operations in Northern California, Opportunity Fund is poised to lend $12 million in 2013, helping twelve hundred California entrepreneurs get the affordable financing they need, providing a path to economic prosperity for them and their families, and helping to rebuild our economy.

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US Microfinance: Small Loans-Big Results

Posted on Apr 01, 2013 by Caitlin McShane

Opportunity Fund lends to small businesses that are growing, boosting incomes and creating jobs. New report measures outcomes from America's leading microlenders, Opportunity Fund and Accion. How do the microloans Opportunity Fund provides help advance the economic well-being of the business owner and their employees? U.S. Microfinance: Small Loans, Big Results is the first nationwide survey measuring the outcome from microlending taking places across the country, including Opportunity Fund's lending in California.

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Amy Gurley and Shelley Harrison join Opportunity Fund Board of Directors

Posted on Mar 14, 2013 by Caitlin McShane

Amy Gurley and Shelley Harrison share professional expertise in marketing, desire to help low-income Californians

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Happy International Women's Day!

Posted on Mar 08, 2013 by Laura MacArthur

It is International Women's Day, and we can't think of a better way to celebrate than sharing the story of one of our incredible women entrepreneurs, Bertha, who runs Twister Gymnastic in Los Angeles.

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Remembering Elizabeth Butler

Posted on Mar 07, 2013 by Eric Weaver

Opportunity Fund is mourning a death in the family. Elizabeth Butler, our second employee, died on February 26th. Today is her memorial service. Below, Opportunity Fund's Founder and CEO Eric Weaver remembers the first woman he hired to help get Opportunity Fund off the ground.

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21st Century Solution

Posted on Feb 22, 2013 by Caitlin McShane

We won, we won! Opportunity Fund wins $50,000 in NBC Bay Area's "21st Century Solutions" grant competition.

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