CBA Fund
CBA Fund is a Community Development Financial Institution (CDFI) intermediary, dedicated to catalyzing and growing the capacity of nonprofits to offer small dollar, credit building consumer loans.
MISSION STATEMENT
CBA Fund's mission is to expand the capacity of nonprofits to provide safe and affordable small dollar consumer loans (SDLs) and credit building products to low- and moderate-income individuals. CBA Fund seeks to disrupt systems of oppression by actively facilitating equitable lending and credit building in BIPOC communities in a way that does not perpetuate the status quo.
Many community-based organizations see a need for safe and affordable small dollar consumer loans in their community, but do not have the resources to implement a solution. CBA Fund provides the solution by offering three-prongs of support to eligible nonprofit lenders:
- Technical Assistance: CBA Fund provides individualized support for organizations seeking to implement/improve a consumer loan. In addition, we disseminate best practices, and foster community-building and knowledge sharing among nonprofit consumer lenders through our Lender Roundtable Webinars, toolkits, and other means.
- Loan Capital: CBA Fund lends capital at low rates to nonprofits for the provision of small dollar consumer loans.
- Capacity Building Grants: CBA Fund provides small capacity building grants to nonprofits to support the cost associated with starting, expanding, or improving upon a consumer loans program.
Funding Opportunities
CBA sends out special announcements when funding is available. Please sign up for the CBA Newsletter to stay up-to-date on CBA Fund loan capital and grant support opportunities. Feel free to contact cbafund@creditbuildersalliance.org with questions.
Learn more
Access our toolkits and tipsheets full of resources and guidance around small dollar consumer lending.