San Diego Micro-Finance

Micro-Finance in San Diego

Membership

Partnering Organizations

ACCION San Diego

The mission of ACCION San Diego is to help expand opportunities for low to moderate income men and women through the provision of small loans. Loans range in size from $300-$35,000 and are coupled with individualized business consulting services. ACCION offers very flexible qualifications for loan recipients, however it is required that entrepreneurs must live or work within San Diego County.

www.accionsandiego.org

CDC Small Business San DiegoCDC Loans

CDC Loans offers both fixed-rate, low-down payment loans for the purchase of office and industrial buildings as well as a focused community loan program targeting women, minorities and veterans owning small businesses facing difficulty securing capital. CDC Loans champions its success to its ability to deliver unique capital “solutions” and strategizing with the client to assemble the most beneficial financing product. Loans range in size from $20,000-$500,000.

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Foundation for Women

Foundation for Women is a locally founded organization working to empower women through the provision of small loans. The microcredit program seeks to raise female entrepreneurs traditionally deemed “unbankable” to higher rungs on the economic ladder through loans ranging from $250-$1,000. The Foundation for Women follows a traditional group lending model and holds weekly meetings to instill more successful repayments.

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IRC San DiegoIRC San Diego

IRC San Diego is a refugee resettlement agency dedicated to humanitarian relief around the world and working in the San Diego area to directly resettle displaced persons into the community. The microentreprise department at the San Diego office is one of two in the nation giving business loans to resettled refugees from across the world. Loans range in size from $2,000-$15,000 and offer flexible repayment terms.

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Center For International Development -Point Loma Nazarene University

The Center for International Development at Point Loma Nazarene University exists to apply life-affirming business principles and practices to the complex challenges of global poverty. We place a particular emphasis on social enterprises that address areas of economic and social development. We provide students with resources and connections to engage in development projects abroad via internships, job opportunities, study abroad, and service trips. We assist students, faculty, and staff to attend and participate in conferences related to global poverty alleviation and social entrepreneurship.

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Los Ninos

Los Niños programs address the basic needs of communities by building the capacities of community members to become agents of positive change. The community members in turn create opportunities for themselves, their families, and their communities.

Los Niños has been working in the border region for over 28 years. Experience has shown us that successful community development must include and promote economic development and sustainability. As one of our program participants has stated: “I know what to feed my children, I need more income to provide for that”.
Community Development is a participatory process through which community members identify community needs and organize themselves to take the actions necessary to improve their quality of life.

Point Loma Nazarene UniversityPLNU Microfinance Club

It is our mission to spread awareness about Microfinance and the impact it is making in alleviating poverty both locally and around the globe. We plan to empower individuals so that they may actively participate in the development of this movement. The club seeks to;

  • To spread awareness through monthly discussions and readings
  • To bring in speakers from Microfinance organizations to give presentations/discussions with students
  • To connect students to the Microfinance realm through local volunteer opportunities as well as domestic and international internships
  • To establish a formal partnership with a current Microfinance organization
  • To host one main event each semester that will raise interest and awareness about Microfinance

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