Building Community

Opportunity fund stands out as a leader in U.S. microfinance and community economic development. Our investments—surpassing $178 million in microloans, microsavings, and real estate financing—have created new jobs and new opportunities for economic growth in the Bay Area during an uncertain time.

Opportunity Fund’s economic footprint in the Bay Area is sizeable, and the impact is significant. A macroeconmic analysis of our microlending found that these “tiny loans” generate an additional $17 million in annual economic activity in our neighborhoods. That means every dollar we lend spurs nearly two additional dollars in economic activity, as the businesses we fund buy new equipment and supplies; pay wages to new workers; and pay new taxes. Find out more by reading the full “Ripple Effect” report.

The scope of our work to increase the rate of savings among low-income families is equally robust, reaching $12 million in microsavings investments over the past decade. More than 1,900 savers have completed our microsavings program—more than any other program in the nation—and invested their money into an education, a small business, a home, or U.S. citizenship in order to build a better life.

Small business lending

1,000th loan; $13+ million invested.

Opportunity Fund loans generate:

$2 in economic activity for every $1 we lend

$17 million in additional economic activity for the San Francisco Bay Area annually

  • $4.8 million in annual earnings by borrowers and their employees
  • $740,000 in local and state taxes annually

Matched Savings

3,000th savings account; $12+ million saved & invested.

1,184 people have invested $4.6 million in higher education

281 people have invested $1.25 million in savings and earned match toward a microenterprise

158 people have invested $1 million to become first-time homeowners

392 people have invested $264,000 to apply for U.S. Citizenship

Community Real Estate

$150+ million invested; 7,700+ units of affordable housing financed.

High impact community investments include health clinics, schools, hospitals, youth centers, green buildings, and more. 30% of homes financed are for special need populations including seniors, youth, and homeless families.

In 2010:

Number of units financed: 693

Amount of money loaned out: $7 million

Number of projects: 17