• Jun25

    Opportunity Fund launches Small Business Impact Fund

    Posted on Jun 25, 2018 by

    Opportunity Fund is excited to announce the launch of our Small Business Impact Fund! The Small Business Impact Fund debuts at $11.15 million, making it the country’s largest small business impact fund that directly provides loans to underserved small business owners, primarily minority and women-owned businesses in low-income communities. The fund will continue to fuel Opportunity Fund’s national expansion and counts some of Silicon Valley’s most successful business leaders, philanthropists, and venture capitalists as its first individual investors.

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  • Jun23

    Business of Pride: Celebrating Pride, Love and Equality

    Posted on Jun 23, 2018 by Alma Elizondo-Bailey

    Did you know? LGBTQ entrepreneurs contribute $1.7 trillion to the U.S. economy and have created over 33,000 jobs! Although LGBTQ businesses boast average revenues of $2.5 million each year, the LGBTQ small business community still faces challenges and discrimination when seeking traditional financing. Many business owners avoid disclosing their sexual orientation and registering as a certified LGBTQ-owned business.

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  • Jun19

    Senate Bill 551 to support CalCAP loan loss reserve approved by Assembly JEDE Committee!

    Posted on Jun 19, 2018 by Alma Elizondo-Bailey

    The California State Assembly Committee on Jobs, Economic Development, and the Economy on Tuesday passed S.B. 551, which would extend the life of the California Capital Access Program that helps non-profit lenders and small banks make loans to small businesses. Our VP of Research & Policy Gwendy Brown testified in support of the bill.

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  • Jun14

    She has wings!

    Posted on Jun 14, 2018 by Alma Elizondo-Bailey

    Deanna Sison Foster has built her restaurants - Farmer Brown, Little Skillet, Mestiza Taqueria, and Victory Hall - from the ground up. When she struggled to keep her business going, she turned to Opportunity Fund for a loan, not only to keep them above ground, but to expand. Today, Deanna has truly earned her wings as Farmer Brown continues to thrive - including taking flight with a new location at SFO!

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  • May31

    Thank you, Amy Gurley, for your Board service, and Welcome to our Leadership Council!

    Posted on May 31, 2018 by

    Amy Gurley has been a long-time friend, supporter and advisor of Opportunity Fund, especially as an active member of our Board of Directors since 2013. This year, Amy leaves our Board of Directors and joins our Leadership Council. We thank Amy for her valuable commitment to serving on our Board and welcome her to Opportunity Fund’s Leadership Council.

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  • May15

    New Research Shows Opportunity Fund Loans Build Credit Scores and Boost Business Revenues

    Posted on May 15, 2018 by Jenna Boyer

    At Opportunity Fund, we are working to build a more inclusive financial system, helping traditionally underserved entrepreneurs access capital, build (or re-build) their credit, and grow their businesses. We recently concluded an evaluation to measure changes in the financial and credit profiles of nearly 2,000 small businesses funded by Opportunity Fund – in some cases with data to track their businesses over the course of nearly a decade.

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  • May12

    What a night! Recap and photos from Opportunity Fund's Taste of Microfinance Los Angeles 2018

    Posted on May 12, 2018 by

    What a night! Last week, over two hundred and fifty friends, donors and supporters gathered to celebrate entrepreneurship and Opportunity Fund's investments and community in Southern California. The incredible night featured food prepared by our talented chef entrepreneurs, all of whom received a microloan to expand their business. Thank you to all who joined us!

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  • May11

    Let's Celebrate our Favorite Moms - Happy Mother's Day!

    Posted on May 11, 2018 by

    This Mother's Day, we celebrate all of the mothers in the Opportunity Fund community. They are not just entrepreneurs, employees, donors, and staff, but also doing so much to support their families.

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  • Apr26

    Meet Annie, owner of Lucky Nails

    Posted on Apr 26, 2018 by

    Annie opened Lucky Nails, a nail salon in San Francisco, to make a better life for herself and her family. Owning a small business has changed Annie's life, allowing her to buy a house, send her children to college, and provide for her family and her employees in ways that she never would have imagined.

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  • Apr26

    Opportunity Fund and Accion in the U.S. Release Small Business Lending Impact Study

    Posted on Apr 26, 2018 by Jenna Boyer

    What does a loan mean to a small business owner? Mission-based lenders deploy loan capital in pursuit of a greater purpose – to build a more inclusive economy where opportunity and the entrepreneurial spirit can still reach the promise of an American Dream. So, are we achieving it? Accion in the U.S. and Opportunity Fund came together in pursuit of an answer this question. With generous lead support from the W.K. Kellogg Foundation and JPMorgan Chase & Co., and support from S&P Global, in 2015 we launched a first-of-its-kind national longitudinal study evaluating the impact of mission-based small business loans in the United States. Today, we are excited to release the study’s key findings and final report.

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