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Nonprofit Overview

Causes: Community Improvement & Capacity Building, Economic Development, Financial Counseling, Homeless & Housing, Housing Development, Construction & Management, Human Services, Urban & Community Economic Development

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

Results: 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: 700+

Geographic areas served: San Francisco Bay Area (San Jose, San Francisco, Oakland)

Programs: 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

Community Stories

8 Stories from Volunteers, Donors & Supporters

Perla N.

Professional with expertise in this field

Rating: 4

Opportunity Fund is a truly innovative organization that is dedicated to phenomenal results for the low-income clients they serve. They did a 2 year longitudinal study following the people who graduated from their savings program. 75% of program graduates continue to save today — saving an average of 10% of their annual income. Equally exciting, 70% of those savers had opened savings accounts for their children, pointing towards a generational change in financial knowledge.


Client Served

Rating: 1

I applied for a business loan for a 10k to hire one employee and to buy some equipment for my business. I had a face to face interview, sent all the required docs and my credit score is 700. I contacted Opportunity fund like 5 times regarding my app. nobody responsed to me for about a month and eventually they declined my app. because they're not sure if I'm able to pay about $150 monthly payments with my salary of 50k and the profit from my business!!! So, my advise to you guys DO NOT WASTE YOUR TIME, and try to find another lender.


Board Member

Rating: 5

Being on a board, you get an inside look at how a nonprofit operates. I am so impressed by Opportunity Fund! Great client service, lives changed, amazing staff, strong financials, and the capacity to manage big growth as the word spreads about the power of microfinance in the US.


Client Served

Rating: 5

Thanks to the Opportunity Fund I was able to finally put my finances together and achieve a better credit score. They also helped me save for the start-up cost for my business and provided me with a micro-loan to help my business grow. Thank you so much Opportunity Fund for the wonderful work that you do.


Client Served

Rating: 5

Opportunity Fund is a warm approachable lender that helps you realize your dreams and potential. With them, it didn’t feel as if there was this gatekeeper saying, ‘You can’t have, and you can’t succeed.'

23 Melorra

Client Served

Rating: 5

I personally do not know where to begin about LCD, now called Opportunity Fund. Where do you start to explain how a company can allow you to put your dreams into action, when all you need is a financial boost? They have been more than helpful, proactive, and an honest company. LCD became our family and I cannot thank the staff enough for taking an interest in our events and ACTUALLY coming out to support. Thank you Opportunity Fund! It's about more than money!

25 dorothyponton

Client Served

Rating: 5

Opportunity Fund (then known as Lenders for Community Development) not only mentored me through the loan qualification process to purchase my small business, but also helped me secure a line of credit with a traditional bank. As I succeeded and stumbled in my first few years, they provide legal resources, education, and helped me start a savings program for my future.



Rating: 5

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.