Member Success Stories – Fountain Fund Unlocking Economic Opportunities for Formerly Incarcerated People (Equifax)

CBA Fund, CBA’s CDFI Intermediary, is a Community Development Financial Institution (CDFI) intermediary dedicated to catalyzing and growing the capacity of nonprofit lenders to offer small dollar, credit building consumer loans. Many community-based organizations see a need for safe and affordable small dollar consumer loans in their communities but do not have the resources to implement a solution. CBA Fund’s mission is to expand the capacity of nonprofit lenders, like The Fountain Fund, to provide safe and affordable small-dollar consumer loans (SDLs) and credit-building products to low- and moderate-income individuals and previously incarcerated people.

Fountain Fund works hand-in-hand with justice-involved people who have been previously incarcerated, acting not just as advisors but as partners on this journey toward economic empowerment. Whether it’s financial coaching, charting pathways to meet credit goals, approving a new low-interest loan, or advocating for greater economic opportunity, Fountain Fund is unwavering in their commitment to improving lives.

Equifax is a proud partner of Credit Builders Alliance (CBA). The Fountain Fund is one of hundreds of nonprofit lenders, financial educators, and asset builders that are members of CBA’s one-of-a-kind umbrella network, helping millions of low-to-moderate-income individuals across the nation build credit. Enabling financial opportunity for justice-involved individuals is an important part of driving greater financial inclusion.

Partnering with CBA underscores our commitment to financial inclusion and helping people to live their financial best.