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.
54 million people are without access to affordable credit. 17 million people don’t have access to bank accounts.
1 in 4 families turn to fringe financial services for their daily needs.
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.
People lend and borrow with each other all the time. We recognize this practice and use credit reporting to make it visible.
We help people navigate the financial marketplace and develop programs that transform everyday financial practices into savings and credit building opportunities.
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.
Aparna brings a love of people and numbers to MAF's research team
Meet Tori, who's passionate about social enterprises and making an impact!
Lessons learned from the 2014 Assets Learning Conference
The San Francisco Foundation reveals the winners of the 2014 Community Leadership Awards
as seen in
MAF is profiled as a unique credit-building option for recent immigrants.
CFPB hopes to tackle the exciting field of mobile banking.
Two new studies indicate that immigrants have weathered the recent housing slump better than native-born Americans and are also rapidly closing the gap on home ownership rates
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.donate