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

SVGives_logo_wdate

Giving to Silicon Valley

Support the expansion of Lending Circles in Silicon Valley communities!

Nesima Aberra
Lessons Earned Feature Post Image

Lesson Earned #4: (MAF) Metamorphosis

The best part about working for a small organization is the mobility that such a structure enables.

Victoria Mayernick
BBA Slider Announcement

Bringing together a Better Bay Area

MAF is bringing together the 10 best ideas for a more financially empowered Bay Area.

Jonathan D'souza
BBA1

Looking for a Better Bay Area

What does it take to find the next bright ideas for a Better Bay Area?

Jonathan D'souza

as seen in

PRESS

mzl.hfffgkga

Lending Circle for Deferred Action

Before June 15, 2012 I knew what it's like to live in the shadow of a constant paralyzing fear.

nerdwallet logo

6 Reasons Businesses Are Rejected for Small Business Loans

The most common reason [business owners get turned down for loans] in our community is having no credit history or a low credit score, says Ximena Arias, financial services manager at the Mission Asset Fund.

Asian Journal 300X300

AAPI community organizations make push for immigrants to apply for DACA

PWC offers lending circle programs to help them spread out the program fees over 10 months, with zero interest and fees, and can apply as soon as they are ready

Amercan Banker Logo

Think Outside the Box to Solve Americans’ Cash Flow Problems

Mission Asset Fund's successful peer lending and saving program in San Francisco has catalyzed legislative change in California and spurred replication.

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.

Follow Us

Connect with us!
Find out what we're up to and how you can be involved!

Participate

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

donate