Opportunity Fund

About

Opportunity Fund is California's leading microfinance nonprofit organization. Its mission is to advance the economic well-being of working people by helping them earn, save and invest in their future. Opportunity Fund has helped thousands of California families build financial stability using microloans for small businesses, microsavings accounts, and community real estate financing. 

Founded in 1994, Opportunity Fund was based on the idea that small amounts of money and financial advice can help people make permanent and lasting change to improve their own lives. Since making its first loan in 1995, the Opportunity Fund has invested $300 million into local communities. 

In April 2014, Opportunity Fund reported that in the past 12 months, the organization had said "yes" to about 45 entrepreneurs in Southern California, with an average loan size of $9,600. Its microlending program continues to expand in Southern California thanks to the generous support of individuals and partners including the Annenberg Foundation, the California Community Foundation, the Weingart Foundation, Bank of America, Citi, US Bank and Wells Fargo.

Find out how you can apply to the Opportunity Fund for help or how you can help others by supporting its activities.

Selected Awards

CNN Money
10 Top Microfinance Companies

Skoll Foundation
Award for Innovation in Silicon Valley

Google
Impact Challenge

 

Details

Established: 
1994

Leader:
Eric Weaver
Founder and Chief Executive Officer

Ranie Lambe
Southern California Regional Vice President

Location:
San Jose (state headquarters)
Los Angeles (regioinal headquarters

Area served:
California

# of employees:
1-25

Model:
Nonprofit 

Guidestar Report