Quarterly Investment Report

Click here for the Q3 2025 Community Credit Lab Quarterly Investment Report.

Dear Community Credit Lab Funders and Investors,

The changing of seasons is happening before my eyes, and I can feel the shifts abound in a very uncertain time. Yet, something beautiful emerges for me at this time of year: the last harvest, the balance of day and night, the opportunity for deep reflection, and capturing glimmers of hope anytime I can.

In a world that continues to experience so much uncertainty, I can see that this season offers small but powerful reminders of what’s possible. This quarter, we continued to walk alongside partners who are advancing community led lending models and economic justice. We learned that our investment into a CDFI fund has already been recycled three times, supporting the deployment of over 100 loans within a remarkably short timeframe. Additionally, one of our first intermediated investments shared that our commitment helped them raise eight times that amount to fully capitalize their fund.  Through our partners’ vision and courage, we’ve witnessed what it means to move at the speed of relationship, not transaction, to meet communities where they are and move resources with care and intention.

This has also been a season of learning. We made time to retreat with our newest partner, the Moonsoon Fund and we’re reminded that shifting financial systems is not just about where capital flows, but how we show up in the process. As a result, we’ve been able to shift capital flows to support the Moonsoon Fund’s lending capital, loan loss reserve, back office, and fund/relationship management to ensure this fund continues to get the capital and visibility they deserve.

We recognized our role as an intermediary is to stand in right relationship with both funders and community partners—to model a new way of doing business that is transparent, participatory, and most of all - reparative. This quarter we attended The Assembly of Black Possibilities with our partners in impact to learn what solidarity looks like in practice. We came back with the unique position we find ourselves in: we have a responsibility to hold and create space for leaders to reimagine, develop, narrate, and demonstrate their visions and impact without holding the risks and burdens of developing a fund or creating a whole new financial entity. In Q4, we’ll share more on how we see ourselves continuing to deepen that work and support.

As we look toward the next quarter, we do so with gratitude for the continued trust you place in us. The season ahead will bring new partnerships and deeper commitments in this growing movement to reimagine what’s possible with our communities.

With gratitude,
Jaime Gloshay
Managing Director of Impact Investments
Community Credit Lab