“For the last two years I’ve been studying a non-profit in California that was being praised for its social innovation. The Mission Asset Fund (MAF), located in San Francisco’s Mission District, is trying to help people who don’t show up in the credit system at all, or who show up with poor credit scores but are engaged in credit-worthy activities.”
by Amy Athey McDonald
“In the first hours of the Clinton Global Initiative America conference in Denver, dozens of multinational corporations and domestic non-profits committed — or recommitted — money and support to a number of socioeconomic- and education-improvement projects.”
By Jesse Paul
“The San Francisco-based Mission Asset Fund, a nonprofit that works largely with immigrant populations, is also tapping into the healthy financial practices in which people already engage in order to help them build credit.”
by Sarah Todd
“It is important to deliver a product or service that people want. Mission Asset Fund took an existing community practice and improved it by allowing payment activity to be reported to credit bureaus. Since its founding six years ago, MAF has been helping individuals obtain access to capital and improve their financial situation through their lending circles program.”
by CABO
” Lineamientos que ha establecido el gobierno federal podrían convertirse en un obstáculo para que los dreamers reanuden la Acción Diferida.”
“Almost 10 years ago, Levi Strauss & Co. did something amazing and transformative. Instead of pocketing the $1 million in net proceeds from the sale of the company’s Valencia Street factory, located in San Francisco’s Mission neighborhood, they decided to reinvest the funds in the local community through the Levi Strauss Foundation.”
by Jose Quinonez
“SPIN alum Tara Robinson, Chief Development Officer, Mission Asset Fund, fills us in on how SPIN training impacted her work and talks about an exciting current project.”
by Holly Minch
“According to CEO José Quiñonez, the Mission Asset Fund currently partners with nine nonprofits in San Francisco and Alameda County to “formalize informal loans” — basically, reporting loans between friends to credit bureaus so that a small loan to help buy a bike can improve one’s credit score. Mission Asset Fund plans to use the $500,000 grant from Google to expand its partnerships to a total of 28 nonprofits and improve the technology behind its “Social Loans Platform,” built on Salesforce CRM.”
by Kyle Russell
“Google just announced the top 10 finalists in its $5 million Google Impact challenge – where it kicks some cash to nonprofits who come up with “the most innovative ideas for making the Bay Area stronger.”
by Joe Garofoli
“Some 17 million Americans don’t have bank accounts, which makes everything from depositing paychecks to paying utility bills a hassle. Many aren’t unbanked by choice. Some are stuck on bank “black lists” and don’t know how to get off; others can’t afford high fees and balance requirements. ”
by Martha C. White