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.
Posts tagged as nonprofits
Over $5 million disbursed to San Diego nonprofits in 0% interest loans
It’s official—the San Diego County COVID-19 Small Business and Nonprofit Loan Program (SBNLP) has successfully disbursed $5.2M to nonprofits in San Diego County impacted by COVID-19.
Growing like wildflowers
Earlier this year we shared some exciting and bittersweet team changes. Now that we are heading into the final quarter of the year, we want to share more about how our team is growing.
What we learned while recruiting for the 2021 Community Finance Fellowship
This year, we opened the fellowship application to candidates nationwide. We received applications from 13 states, Washington, DC, and even one from another country!
Opinion: Here’s how we can help middle-income families in San Diego buy homes
How can investors and local business and nonprofit leaders address housing — and in particular attainable homeownership — through public-private partnerships? Our Chief Investment Officer Louie Nguyen looks at various approaches.
Announcing some exciting (and bittersweet) team changes
As Mission Driven Finance celebrates its fifth year flowing capital to community, we have seen our company grow and change many times, especially given our focus on being a deliberately developmental organization. This season feels like one of great change even with that mindset, and we want to make sure you learn about the latest team changes at Mission Driven Finance.
Our impact investing partnerships with The San Diego Foundation
Mission Driven Finance partners with The San Diego Foundation to empower communities through new models of investing in social change.
How Usable Capital Will Unleash Black Business Growth
There’s a lot of talk about what doesn’t work for Black businesses to help them grow and scale, but what about what is working? A new report from Path to 15|55 and San Francisco Foundation highlights three bright spots: Flexible underwriting; supportive partnership and blended capital.
What we learned in our very first Community Finance Fellowship
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.
People on the Move info session
Missed the info session? See the recording and slides here.
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.
Power of Community Financing info session
Are you a small business or nonprofit looking for working capital? Learn more here.
How Lauren Grattan thinks about risk
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.
Community Finance Fellowship showcase
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 Foundation Sends First $1.5 Million To Nonprofits Hit By COVID-19 [KPBS]
The first $1.5 million in loans from The San Diego Foundation’s small business and nonprofit program have gone out to eight local organizations, the foundation announced Tuesday, part of a $5 million fund for organizations impacted by COVID-19.
First $1.5M deployed to San Diego County nonprofits hit by COVID-19
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.
Building a new, more equitable normal for small business and nonprofits
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.