Social Loans proven to help low-income people build credit and decrease debt. READ MORE Is this email not displaying correctly? View it in your browser.
Social Loans proven to increase credit scores and decrease debt 

New reports released from researchers at San Francisco State University
After two years of work, more than 600 participants and lots of data crunching, MAF is extremely proud to announce the release of two reports detailing the impact of Lending Circles.
The reports not only confirm what we see everyday, but they provide us with new exciting insights:

  • Proven to establish credit scores – with a 69% success rate.
  • Has a dramatic impact on credit scores – with an average increase of 168 points.
  • Social loans decrease debt levels – by over $1,000.

Thank you to all of our funders for their support of this report. Special thanks goes to Ford Foundation, Citi and Levi Strauss Foundation.
Please take a look at the reports and help us spread the word!

Ashoka Solutions Forum Making of Inclusive Economies

Join Ashoka Twin Cities and our partners for the 6th Solutions Forum, a live interview featuring Ashoka Fellows Jose Quinonez and Michael Turner, with an introduction by Steve Rothschild, founder of Twin Cities Rise! and author of The Non Nonprofit.

 

PRI’s The World Helping Immigrants Get Credit

“Having access to a bank account also brings basic things, like the ability to earn interest and write checks. Joining a bank or taking out a credit card can also means avoiding payday loans, which many poor immigrants currently do. These loans can charge exorbitant interest rates above 100 percent, or more.”

LA2050 Announces Winners Mission Asset Fund is Wildcard!

Out of 279 submissions and 70,000 votes, we are THRILLED to announce that Mission Asset Fund was awarded $100,000 from the Goldhirsh Foundation! Thanks to everyone who voted – we can’t wait to expand to LA.

          


Our NEW mailing address is:

Mission Asset Fund

1470 Valencia Street

San Francisco, CA  94110

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Copyright © 2013 Mission Asset Fund, All rights reserved. You are receiving this because you told us that you are interested in our programs and services.

Mission Asset Fund is an award-winning nonprofit organization that helps financially excluded communities – particularly low-income and immigrant families – become visible, active, and successful participants in the U.S. financial mainstream.
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