Opportunity Fund Go to Program

Small
Business
Loans

IDA
Savings

Community
Real
Estate

Social Impact

Small Business Owners and IDA Savers

 


Rosalva
La Verbana Juice Bar and Cafe
Loan Amount: $10,000
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hallenge: Rosalva immigrated to the U.S. twenty years ago and found that starting a business was difficult with no credit history or collateral that banks required in order to make her a loan.
Result: Rosalva got a loan from Opportunity Fund that allowed her to set up her juice bar in the Fruitvale Market with refrigeration, insurance, and supplies.  She now is playing a key role in the revitalization of an urban neighborhood. 
See the whole story

 

Thao
Saving to open her own business
Challenge: Having recently arrived from Vietnam, Thao is still learning English while working as a waitress and taking care of her daughter.
Result: Thao is learning to manage her finances while pursuing a license in cosmotology. She plans to open her own business to help increase her family's income.
See the whole story

 

 

Jane and Bob
Evolution Suspension
Loan Amount: $10,000
Challenge: When they moved to America from England, Jane and Bob were shocked to find out that they couldn't get a loan to start their dream motorcycle shop because they had no credit history in the American system.
Result: Jane and Bob used the loan for a second work room, two work benches, and a third employee.  They now have a renewed sense of hope and momentum.
See the whole story

 

 


 

Gloria
Parkside Postal
Loan Amount: $1,500
Challenge: Gloria wanted to remodel her business, but her credit score had taken a hit when she took out many lines of credit to start her business.
Result: Today, Gloria's business has grown and she has built a reliable reputation.  She now feels confident enough to hire an assistant to manage the store while she works a few days a week as a firefighter in Oakland.
See the whole story

 

 

Rosario
Saving to open her own massage therapy business
Challenge:  Rosario had been a massage therapist for years and wants to open her own business, but needs a little savings to get here there
Result: IDA Savings has helped her manage her finances to save the cash she needs and the matching grant will help turn her business idea into a reality.
See whole story

 

Victoria
Used IDA Savings and match to fund her cleaning business
Challenge:

Victoria's cleaning business started growing rapidly through word of mouth, but she was unable to keep up with the demand.
Result:  Through the IDA program, she saved enough money and earned a matching grant that allowed her to purchase a van to support her business growth. 
See the whole story 

 


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