Our greatest strength lies in community. We come together to learn, share, support - and rise to the oncoming challenges as one.
Today, we are strengthening our community: we are looking for new partners across the country to join the Lending Circles Network. Lending Circles partners bring zero-interest, credit building loans and financial education to their communities, offering tools to help people save money, pursue financial goals, and improve their financial well-being.
Millions of low income people across the country lack access to basic banking services and credit. Without bank accounts or credit scores, these communities are locked out of the financial system, preventing them from building a life of safety and security for themselves and their families. It’s a momentous challenge, but it’s one challenge we can tackle together.
We are bringing together a nationwide network of nonprofits to offer better solutions. Different people need different things - there is no one size fits all. To support the challenges, journeys, and dreams of different communities across the U.S., we’ll work with partners to find the programs that are right for their community, whether it’s Lending Circles, Immigration Loans, or Business Loans. All of our programs will be supported by MyMAF, our own financial coaching app.
We’re in search of nonprofits in San Diego, Phoenix, Houston, Atlanta, Charlotte, and New York who are interested in bringing Lending Circles programs to their local community. There is no such thing as a typical Lending Circles partner. We welcome applications from organizations serving diverse communities with diverse missions. The best candidates can demonstrate a clear programmatic fit and show how the Lending Circles program will act as a complement to their current work.
Thanks to our sponsors, selected applicants will receive the following benefits – an estimated value of up to $63,000.
Attend a Lending Circles Communities Launch Event to dive deep into MAF’s signature Lending Circles program, explore all the unique benefits of joining our national network through the campaign, and connect with MAFistas and other community champions in your area. Click on a city near you to learn city-specific details and register for the event!
Applicants must be an established 501 C(3) non-profit organization.
All applications are due by Thursday, April 30th at 5pm PDT (late submissions may not be considered). Please submit online here. Selected organizations will be announced on June 1.