Member Success Stories – The Fountain Fund and CBA Fund: Enabling Life-Changing Opportunities Through Small Dollar Loans

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.

“CBA Fund allowed us to enlarge our mission and serve new markets…without it, these critical programs wouldn’t exist.”
– Meagan Jordan, Economic Opportunity Facilitator, New Orleans, at The Fountain Fund

 

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.

 

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