Capital Good Funds Investing in Life-Changing Opportunities

Capital Good Funds is a non-profit organization that provides affordable financing options for essential goods and services. They offer loans for items like refrigerators, air conditioners, and water heaters.

By providing financing for these essential items, Capital Good Funds helps low-income households improve their living conditions and overall well-being. This is especially important for families with young children or elderly members who rely on these appliances for health and safety.

Their focus on affordable financing helps to reduce the financial burden on these households, allowing them to allocate resources to other essential expenses.

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At Capital Good Funds, we're committed to making a positive impact through our loan products. We offer native-translated Spanish loan options to target high-potential Latinx families.

Our loan products are specifically designed to serve vulnerable or underserved individuals, including those who don't have access to traditional credit options. We work with low- and moderate-income homeowners through our DoubleGreen Weatherization loans, helping them make safety and energy-efficiency home improvements.

We also have immigration loans that support individuals looking to obtain, maintain, or improve their immigration status. These loans are tailored to meet the unique needs of our clients, such as domestic abuse survivors seeking an affordable apartment or families needing to repair their car so they can get to work.

We believe that everyone deserves access to life-changing opportunities, regardless of their credit history. This is reflected in the work of organizations like the Capital Good Fund, which provides loans and opportunities for people who don't have credit.

Ana Maria's story is a testament to the power of these small dollar loans. She took out a loan from the Capital Good Fund and was able to receive a work permit, ultimately achieving her dream of owning a house and starting a small business.

By providing access to capital, organizations like the Capital Good Fund empower individuals to take control of their lives and pursue their goals.

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Small dollar loans can be a game-changer for people in need. The Capital Good Fund offers low-interest loans from $300-$1500 to help pay for basic needs like rent, utilities, and medical bills.

These loans have a 15-month term with a 90-day deferment payment period and an 18% APR. No minimum credit score is required, making it easier for those with poor credit to access funding.

To qualify, you must be an Illinois resident with an income, have a bank account or an approved pre-paid card, and not be past due on mortgage or child support. You'll also need to provide two months' bank or prepaid card statements, a copy of your government-issued ID, and a voided check or prepaid card with ACH features.

The Capital Good Fund has helped people like Ana Maria, who took out a small dollar loan and was able to receive a work permit, buy a house, and start a small business.

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Our team at Capital Good Fund is dedicated to making a meaningful impact on the lives of others. Andy Posner, our Founder & Chief Executive Officer, founded the organization in 2009 after reading Banker to the Poor by Dr. Muhammad Yunus, which inspired him to use financial services to tackle poverty.

Our leadership team is passionate about creating positive change. Andy's experience studying financing mechanisms for clean energy at Brown University gave him a unique perspective on the potential of equitable financial services.

We're proud to have a team with diverse backgrounds and expertise. James Mazjanis, our Chief Financial Officer, believes that small advances can add up quickly and make big positive changes. He has a bachelor's degree in Chemistry and an MBA from the University of Connecticut.

Our team members are committed to removing obstacles to economic empowerment. Annie Dickson, our Chief Operating Officer, has a human-centered approach to her work, which she developed while earning a certificate in International Non-Governmental Organizations Studies.

Here's a brief overview of our leadership team:

We're grateful to have a talented and caring team working together to make a difference.

Measuring success in a capital good fund is crucial to its effectiveness. It's essential to track key performance indicators (KPIs) to ensure the fund is meeting its goals.

A well-designed capital good fund can provide a substantial return on investment, with some funds achieving returns of up to 10% per annum.

The fund's success can be measured by its ability to provide low-cost financing to small businesses, which can lead to increased economic growth and job creation.

Capital good funds can also help reduce the reliance on expensive external financing options, allowing businesses to retain more of their profits.

By measuring success in a capital good fund, stakeholders can make informed decisions about the fund's direction and make adjustments as needed.