These statewide community champions ensure the flow of Advance California capital to underinvested entrepreneurs and nonprofit leaders.
New Advance Advisory Committee members help us expand impact across California
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Advance
CDFI boosts small business lending with private partner
Community Reinvestment Fund, USA and Mission Driven Finance are leveraging their respective strengths to solve community finance challenges, including difficulties faced by small businesses in accessing conventional sources of capital.
Letters from Lauren: February 2024
We’re planning to reach ONE BILLION DOLLARS over the next few years, after having crossed $100 million in AIC at the end of 2023.
Letters from Lauren: December 2023
This fall, we reached a landmark moment, flowing over $100 million in assets into the community since our founding.
Letters from Lauren: November 2023
We’re leaning into radical imagination: ideating how to help route the flood of once-in-a-generation federal resources so that Indigenous and overlooked communities can flourish for years to come.
Letters from Lauren: September 2023
Summer has wound down, and we continue to activate a bevy of intentional impact capital vehicles, including closing 5 homes for child care.
Letters from Lauren: May 2023
We wrote this North Star into the company theory of change: “Financial systems that perpetuate poverty are flipped to systems that eradicate it.” Systems change sounds really cool, but admittedly can be hard to picture. It is thrilling to see it coming into clearer focus, hopefully for you too.
Letters from Lauren: March 2023
It’s a lot of fun and a lot of work reconnecting capital and community. We’re thrilled to have new teammates that are up for doing both. Please help me welcome newcomers from the last few months of busy recruiting.
Letters from Lauren: January/February 2023
This year has started off with strange weather (certainly here in California) and many disheartening reports of violence and discord, but we still believe that centering community in finance can help change those trajectories.
Meet the 2023 members of the Advance Advisory Committee
These regional community champions ensure the flow of Advance Strategy capital to underserved and overlooked communities.
Letters from Lauren: December 2022
As we approach the end of the year, the Mission Driven Finance team is thrilled for how far we’ve come and where we’re going in 2023.
Letters from Lauren: October/November 2022
October saw a good chunk of our team traveling for conferences and connecting with our community in person.
5 things to know about impact-based loans
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.
Access Youth Academy — Where Are They Now?
Three years ago, a $12M project was designed to transform the lives of the youth in Southeast San Diego with Access Youth Academy.
Letters from Lauren: September/October 2022
In the last few months, four strategies with client-partners made the first investments into the community, we welcomed new partnerships and portfolio companies, and the second cohort of community finance fellows graduated.
What is a fund?
We sat down with our Chief Legal Officer Joe Pileri to learn about fund basics and what a fund is in the context of impact investing and Mission Driven Finance.
Letters from Lauren: August 2022
This quarter marks a huge milestone in Mission Driven Finance’s history—we have now flowed over $50 million in “assets into community” (AIC) across more than 100 loan transactions!
Letters from Lauren: July 2022
No summer slowdown here, we are seeing tons of activity across our various funds.
