A Life-Changing Immigration Loan: Capital Good Fund

BACKGROUND

Meet Ana Marcia.  

Ana is originally from Honduras but has now been the United States for 17 years. She is a small business owner who does housekeeping and dreams of obtaining her immigration papers.  

Ana-CGF

CHALLENGE

Attorney fees for immigration papers were quoted to Ana to be between 5-6 thousand dollars. The bank was not able to provide the necessary money, making this dream seem unreachable.  

"My dream is that they [my children] can undertake much more than what I did, that they become an example of getting ahead, that they become professionals, since unfortunately we were not able to get to that point. But with the little knowledge that we had, we wanted our children to be somebody and to be very important."

Ana Marcia

"Our mission is to create pathways out of poverty and advance a green economy through inclusive financial services."

SOLUTION

Capital Good Fund and CBA Fund: Enabling Life-Changing Opportunities through Small Dollar Loans

A relative recommended the Capital Good Fund because they provided loans and opportunities for people who did not have credit, including [ask Brooke to confirm specific product CGF offers].  

Ana Maria took out a small dollar loan from Capital Good Fund. Around 4-5 months later, she received a response from the immigration office, granting her a work permit. She now has a house and a small business. She is now focusing on her dream of providing as many opportunities as possible for her children and using the knowledge she has gained to help them.  

"My dream is that they [my children] can undertake much more than what I did, that they become an example of getting ahead, that they become professionals, since unfortunately we were not able to get to that point. But with the little knowledge that we had, we wanted our children to be somebody and to be very important." 

OUTCOME

Capital Good Fund provided the necessary funds for her immigration paperwork and was willing to work with her, regardless of her credit situation.  

"…through the help of [Capital] Good Fund, I had this great opportunity, and no other bank gave me the opportunity like [Capital] Good Fund did."

Ana Marcia

INTERESTED IN LEARNING MORE?

For more information about CBA Fund and how it empowers life-changing organizations like Capital Good Fund, visit: https://www.creditbuildersalliance.org/cba-services/cba-fund/ 

 For more information about the critical mission of Capital Good Fund, visit: https://capitalgoodfund.org/ 

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