155 Pageviews Read Stories
Causes: Microfinance, Small Business Development
Mission: Liftfund provides credit to
Programs: Liftfund provides credit to small businesses that do not have access to loans from commercial sources. 1,177 new loans were closed in the fiscal year ended 12/31/2017. With more than $40 million in loans outstanding as of december 31, 2017, liftfund is regarded as the largest and best performing microfinance institution in the united states. With its microloan management services, liftfund helps other micro lenders across the united states achieve economics of scale and expand the reach of their programs. Through its loans and services, liftfund has helped create or retain thousands of jobs in low to moderate income areas, contributing to the economic revitalization of underserved communities.