Sandhya Nakhasi of Community Credit Lab, Eric Horvath of Common Future, and Lauren Grattan of Mission Driven Finance discuss how they are using impact investing to build inclusive financial systems by centering communities.
See what’s new
Investing in social change
See the latest news and updates from the Mission Driven Finance community.
WES Mariam Assefa Fund Spotlights Grantee Partner Mission Driven Finance & Community Finance Fellowship
WES Mariam Assefa Fund, one of the visionary supporters of the Community Finance Fellowship, highlighted Mission Driven Finance and the fellowship in this Insights post.
While sheltering-in-place during a pandemic, we welcomed five Community Finance Fellows to our team in March to begin learning in a virtual environment: Louise Jordan, a renewed San Diegan with a legal background who moved back from Virginia to join us; Andrew Moncada, a financial analyst from Florida who wants to run his own impact investment firm one day; Benson Ochira, a refugee from Uganda with a degree in business management; Essence Rodriguez, an undergrad research fellow with the U.S. Immigration Policy Center; and Crystal Sevilla, an executive assistant from San Diego with a deep interest in economics and finance. See how they are learning during a pandemic.
The COVID-19 crisis has forced small businesses and nonprofits around the world, including our Advance borrowers, to forget business as usual and respond in creative ways to best serve their community and survive—quickly. From delivering essential household goods and locally sourced food to staying connected with families by livestreaming nature walks, these businesses and organizations demonstrate the flexibility, resilience, and heart that make small businesses critical for communities to thrive.
The Way Back uses trauma-informed care in its client activities—clinical groups, education groups, mindfulness meditation, relapse prevention groups, codependency groups, anger management, emotional regulation, and individual psychotherapy. “We are training men to be better fathers, better husbands, better employees, to stay out of prison, to work, to communicate,” says The Way Back Executive Director Chris Thomas, a licensed therapist who has been sober for 25 years. “Men are an important part of family structure, and addiction is a family disease.”
We’re sharing with you—our community—the same message for small businesses and nonprofits that we provided to our active borrowers. During this challenging time, stay true to your values and support each other. None of us will come out of this unchanged. See our COVID-19 resources for small businesses and nonprofits.
In our quest to increase economic opportunity for underestimated groups, we knew we’d want to emphasize supporting women and girls. With a diverse and largely female team, empowering more women has always felt natural to us. We’ve long wanted to connect the resources and needs of our community in new intentional ways that make a real impact on gender inequality.
Mission Driven Finance has been named as an Emerging Impact Manager in ImpactAssets’ IA50 2020, a publicly available, online database for impact investors, family offices, financial advisors and institutional investors that features a diversified listing of private capital fund managers that deliver social and environmental impact as well as financial returns.
The best way to celebrate Black History Month this year? Shop at local Black-owned small businesses.
If your business is too big for microfinance and SBA loan but too small for traditional banks, our impact-based loans can fill the gap.
With 2019 officially behind us, our team took a second to celebrate our favorite wins, which helps us to also look forward and set goals for 2020.
Impact investing can unlock urgently needed finance quickly by using a catalytic model. The Freedom100 Fund combines the power of impact investing with Freedom for Immigrants’ proven national bond model to give immigrants a fighting chance at freedom by paying their bond and reconnecting them with loved ones and legal services, at no cost to the family.
The following handpicked businesses are sure to satisfy everyone on your list while supporting local business owners who care about our community.
By focusing on underinvested communities, the Community Finance Fellowship is an accessible on-ramp for a traditionally inaccessible sector.
ABASD and Mission Driven Finance are excited to launch the AdvanceAPI Fund and provide flexible capital for San Diego small businesses and nonprofits with an API heartbeat.
Diversity is a strength, a great reducer of blindspots, and our industry has been woefully not diverse. This lack of diversity in finance perpetuates unequal access to capital and opportunity.
A year ago, we were certified as a B Corporation. This month we were named as one of the Best For The World for our incredible customers—the changemaking companies we support. We rank in the top 10% of all 3,000+ B Corps around the world for the positive impact we make together with our customers!
Cutting Edge Capital spoke with Mission Driven Finance Co-founders Lauren Grattan and David Lynn to talk about our mission, and how our community-first perspective guides us to find investment opportunities.
As lead investors in our Homebuilding Investment Fund, Kara Ballester and her husband Andy were instrumental in jumpstarting our efforts to accelerate affordable housing with San Diego Habitat for Humanity. We wanted to know—what motivated Kara to invest in affordable homeownership, and what has her experience with impact investing been like?