LAB INVESTMENT
Character-Based Lending
Have you ever wondered what would happen if the field of investment actually empowered those closest to directly impacted communities to make capital deployment decisions?
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To date, our CBL Pilot has deployed over $800,000 to Black-, Indigeneous-, and Asian-owned businesses around the country.
CBL PARTNERSHIP UPDATE:
With our new partner Kitchen Table Advisors: Fondo Solidario pilot, we're advancing the economic resilience of Latin female farmers with intersecting identities. Led by Latina farmers from whom the idea originated, the Fondo Solidario provides quickturn, zero-interest, character-based loans, designed with the flexibility to support applicants as they respond to emergent needs and invest in their businesses.
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Learn more about our collaborations with MORTAR, Native Women Lead, ConnectUP!, and more below:
Conventional banking hasn't worked for businesses owned by people of color. But a new network is designed to get money flowing fairly to BIPOC economies.
Learn more at Yes! Magazine
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