Millions live in the financial shadows

When hardworking families can’t get car loans or own homes, they turn to payday lenders and check cashers to make ends meet. High cost fringe financial services trap people in a cycle of debt, preventing hardworking families from realizing their true economic potential.

INVISIBLE

54 million people are without access to affordable credit. 17 million people don’t have access to bank accounts.

STUCK

1 in 4 families turn to fringe financial services for their daily needs.

STRAPPED

Being invisible costs more. Payday lenders charge 391% to 521% interest for payday loans.

We meet hardworking families where they are.
And then, we build on what they have.

the solution is simple

The solution can be found in the hidden strengths of communities across the country. People come together to lend and borrow money with each other. We connect this practice with the financial system so that borrowers can build credit and a brighter future.

RECOGNIZE

People lend and borrow with each other all the time. We recognize this practice and use credit reporting to make it visible.

BUILD

We help people navigate the financial marketplace and develop programs that transform everyday financial practices into savings and credit building opportunities.

SCALE

We use technology to expand our programs nationwide. With a network of nonprofit providers, we are able to help low-income people across the country.

Blog

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A Warm Reception for Lending Circles in Minnesota

Thanks to our partner CLUES and a tight network of community nonprofits, we find lots of opportunity for credit-building in the Twin Cities

Nesima Aberra
Karla Square

Meet Karla Henriquez: MAF’s Program Coordinator

Find out how Karla Henriquez, MAF's brand new programs coordinator, injects her fun-loving and warm personality into everything she does.

Victoria Mayernick
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Diving Deep into Member Culture

In an effort to better understand our member culture, the staff decided to take time to learn about the upcoming holiday, El Dia de los Muertos.

Isis Fleming

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PRESS

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Are Banks Too Expensive?

Rising fees and interest rates make it difficult for those living paycheck to paycheck to enter the banking world.

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Lending Circles Weave Disadvantaged Borrowers into Credit Mainstream

Members' success stories are shared in order to shed light on the power of lending circles.

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Consumidor al dia: Organice sus finanzas

Ximena Arias de la Organización Comunitaria “Mission Asset Fund” explica los detalles de un evento para organizar sus finanzas.

CBS

Lending Circles helping Borrowers Meet Financial Goals

CBS takes a closer look at the potential power of lending circles through the story of one of our incredible members,

It’s not enough to feel good about the work we do. We care about having a real, tangible impact.
That’s why we validate our programs through third party-research.
This way, we measure our impact and use data to improve our programs.

We believe everyone deserves a shot at success.
Join us in making the financial system work for everyone.

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Investing $100 generates $4,000 in social loans helping families build credit and a better future.

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