We are proud to announce that the first cohort of the Community Finance Fellowship—Louise Jordan, Benson Ochira, Andrew Moncada, Essence Rodriguez, and Crystal Sevilla—is graduating.
Posts tagged as nonprofits
Local impact investment firm Mission Driven Finance marks 5th anniversary with $11 million milestone
Marking two major milestones, we are celebrating our fifth anniversary this month as well as having disbursed $11 million in assets to the small businesses and nonprofits dedicated to social change in the region.
Living Cities announces capital investment in Mission Driven Finance to increase access to growth capital and support for social impact small businesses and nonprofits
Living Cities’ Blended Catalyst Fund (BCF) announces a $2 million commitment to Advance, a regional, inclusive place-based fund managed by impact investment firm Mission Driven Finance.
Shoutout Socal recently checked in with our Co-founder and Chief Community Officer Lauren Grattan in its local stories series and asked her how she thinks about risk.
Hear directly from the 2020 cohort fellows— Andrew Moncada, Essence Rodriguez, Louise Jordan, Crystal Sevilla, and Benson Ochira—about their career goals and their experiences thus far changing the face and flow of finance.
San Diego-based impact investment fund manager Mission Driven Finance has deployed $1.5M in loans to San Diego County nonprofits that have been impacted by COVID-19, thanks to $5M in seed funding from The San Diego Foundation as part of the San Diego County COVID-19 Small Business & Nonprofit Loan Program.
The COVID-19 pandemic has highlighted and exacerbated the effects of centuries of racist policies. If we don’t act fast, this crisis will rob our communities of vibrancy, diversity, and strength for many generations to come. The current global recognition of the deep roots of racism reinforces how critical it is to use all the tools in one’s toolbox to advance racial justice. As such, finance can and should be used as a tool for change in advancing economic and health equity in our communities. Together, we can turn the tide.
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.
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.
How can we make investing in our community a great investment? Flip the traditional finance model on its head.
The idea for Advance came from speaking with people who wanted to invest in their communities and the issues that they cared about but didn’t know how.
When we first met Kris Schlesser, founder of LuckyBolt, he was six years into a quest to make the perfect breakfast burrito easily accessible to professionals on the go, and had been financing the business with high-interest credit cards and microloans.
Mission Driven Finance provides culturally sensitive bridge financing to Somali Family Service of San Diego in accordance with Islamic financing principles.