One Percent for America Receives $170,000 in Funding From Our CDFI Intermediary, CBA Fund (CBAF), to Help Improve Credit for Immigrants

CBA Fund (CBAF), Credit Builders Alliance’s (CBA) CDFI Intermediary, is a Community Development Financial Institution (CDFI) intermediary dedicated to catalyzing and growing the capacity of nonprofit lenders to offer small dollar, credit building consumer loans. Many community-based organizations see a need for safe and affordable small dollar consumer loans in their communities but do not have the resources to implement a solution. CBA Fund’s mission is to expand the capacity of nonprofit lenders, like One Percent for America, to help them continue their mission of reducing barriers to US citizenship, advancing immigrant inclusion, and advocating for immigrant equity and financial prosperity.

CBA Fund is excited to work with One Percent for America as part of our Immigrant Serving Lenders Cohort. The work they are doing clearly aligns with the work that CBA Fund and CBA were created to support. – Credit Builders Alliance CEO Dara Duguay

Read the full release from BlueHub Capital:


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