MISSION ASSET FUND

Rating: 5 stars   30 reviews

Issues: Economic Development

Location: 1470 Valencia St San Francisco CA 94110 USA

Mission: MAF helps financially excluded communities – particularly low-income and immigrant families – become visible, active, and successful participants in the U.S. financial mainstream
Results: Social loans provide the boost people need to transform dreams into reality. With Lending Circles, low-income individuals are building credit, starting successful businesses, getting out of high-cost debt, buying homes, saving for college and working to increase their assets and financial capability. With 100% repayment rate and a 0% default rate, Lending Circles has a big impact on entire communities.
Programs: Social Loans Lending Circles Lending Circles for Dreamers Lending Circles for Citizenship Microloans Resources Match
2014 Top-Rated Nonprofit
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EIN 20-8993652
(888)274-4808
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Community Reviews

Rating: 5 stars  

I live in the Mission, so I've had the opportunity to see firsthand the way Mission Asset Fund helps local entrepreneurs get businesses started. It's great for the clients, and it's great for the neighborhood to have thriving enterprise that's isn't just more gentrification. They also do a great job of implementing new ideas quickly -- I was excited to see that Lending Circles for Dreamers was up and running just a few days after Obama's program was announced, and I was happy to donate.

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2012

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Rating: 5 stars  

Mission Asset Fund is one of the most impactful organizations in California. Through its innovative peer lending program "Cestas" MAF has positively impacted the lives of hundreds of low-income, primarily immigrant individuals by helping them to build a credit history which is critical to becoming part of the financial mainstream. Thanks to MAF thousands of individuals will no longer need predatory financial products to survive but will be able to gain a better financial foothold.

Was your donation impactful?

Definitely

How likely is it that you would recommend that a friend donate to this group?

Definitely

How likely are you to donate to this group again?

Definitely

When was your last experience with this nonprofit?

2012

Was this review helpful?