Opportunity Fund

Rating: 4.38 stars   8 reviews


111 W Saint John St Ste 800 San Jose CA 95113 USA


Opportunity Fund advances the economic well-being of working people by helping them earn, save, and invest in their future.


Opportunity Fund is the leading provider of microfinance loans and savings products in the Bay Area. We are also a key partner to affordable housing developers in the region. In the past 15 years, we have helped -Invest $180 million in the Bay Area -Made $15 million in loans to 1,200+ entrepreneurs -Enrolled more than 3,300 people saving for the future -Helped finance over 8,000 affordable homes MICROLENDING: Every $1 we lend to a local small business generates almost $2 in new annual economic activity, through new spending, wages earned, and tax revenues. Our small businesses clients have an 90+% survival rate and create or sustain an average of 2.4 jobs per loan. MICROSAVINGS: 70% of program graduates continue to save after they graduate from our microsavings program, and 70% open savings accounts for their children. 90% feel more confident about their ability to succeed financially.

Target demographics:

At Opportunity Fund, we help our neighbors, the hard-working people getting by on modest wages in the Bay Area. Some are refugees from around the world. Some live in homeless shelters even while holding jobs. Others start businesses on the side to help make ends meet.  All of them share a determination to build a better life for their families. We help our clients get a foothold and get ahead. We help them join the financial mainstream. We achieve this by lending a helping hand, through our award-winning approach that includes financial education, microfinance loans, matched savings accounts, and affordable housing financing. We serve clients who are: 70% Women; 45% Immigrants; 40% Latino; 20% Asian/Pacific Islander; 10% African American; 41% Single Mothers (in IDA Savings Program)

Direct beneficiaries per year:


Geographic areas served:

San Francisco Bay Area (San Jose, San Francisco, Oakland)


Opportunity Fund operates three programs that form an integrated and effective approach to fostering economic self-sufficiency: 1. Microsavings: Opportunity Fund is a national leader in providing Individual Development Accounts (IDAs), matched savings accounts for the working poor that combine financial education and incentives to help families build financial stability. Opportunity Fund matches client savings 2:1, and participants exit the program with up to $6,000 to invest in a home, education, microenterprise, retirement, citizenship, or just emergency savings. Through our microsavings program, low-income families develop the financial skills and savings to begin to accumulate assets and move into the financial mainstream. These IDA clients gain tools to manage their financial resources; an opportunity to develop a lifelong pattern of savings; and a realistic chance at getting on the path to wealth creation. Opportunity Fund has enrolled more than 3,300 clients in our IDA program. These families have saved and earned $12 million. 2. Microlending As the Bay Area's largest microfinance lender, Opportunity Fund is proving that small loans, combined with customized business coaching, can help low-income entrepreneurs become self-sufficient business owners. Our loan products and technical assistance help microentrepreneurs who are most removed from the financial mainstream gain access to credit, learn financial management skills, and start or build an enterprise. Our goal is to enable these small business owners to increase their family income and begin to accumulate financial assets to support their families and contribute to their communities. Our microlending program opens up a path to entrepreneurship and self-employment, primary routes to asset acquisition and self-sufficiency for Bay Area low-wage workers who cannot make ends meet. Opportunity Fund has provided $15 million in financing, to 1,200+ Bay Area small business owners considered "unbankable" by conventional lenders. - 72% of loans have gone to minority-owned businesses - 60% to women-owned businesses - 91% to businesses owned by people with low- or moderate-incomes. 3. Community Real Estate Opportunity Fund is also a catalyst for increasing the Bay Area's supply of affordable housing and community infrastructure. Through early stage, gap and permanent financing for real estate projects, we have helped build over 8,000 new units of affordable housing, along with schools, child care centers, and other social services. In total, Opportunity Fund has originated over $165 million in loans to non-profit and for-profit real estate projects providing high community impact in low-income neighborhoods

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Reviews for Opportunity Fund

Rating: 5 stars  

15 people found this review helpful

Having volunteered with Opportunity Fund for a year, I can attest to the difference that it really makes in the lives of Bay Area residents. The Bay Area is one of the most expensive areas to live in the US, and Opportunity Fund is extremely helpful to lower income residents. However, it is not just helpful in that it provides loans - it also provides financial education and helps people save money for bigger investments, something they might not be able to do on their own. I volunteered at an Opportunity Fund evening benefit where guests included partners and IDA clients. Everyone seemed so committed to building a community.

I've personally experienced the results of this organization in...

the significant number of people who have been able to turn their lives around in a very real way.

If I had to make changes to this organization, I would...

court big donors

What I've enjoyed the most about my experience with this nonprofit is...

meeting all the people who make it happen

The kinds of staff and volunteers that I met were...

gregarious and charming, always willing to help or explain something about the organization and really believed in what they were doing.

If this organization had 10 million bucks, it could...

make an even bigger impact upon the number of low income families able to live with dignity and self sufficiency.

Ways to make it better...

I had known a little more about the organization before volunteering

In my opinion, the biggest challenges facing this organization are...

getting the word out about how it works

One thing I'd also say is that...

When was your last experience with this nonprofit?


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