July Non-Profit Spotlight: Capital Good Fund

July Non-Profit Spotlight: Capital Good Fund

Capital Good Fund (“Good Fund”) is a nonprofit, U.S. Treasury-certified Community Development Financial Institution that helps people fix their finances, offering small loans and personalized Financial Coaching to families in Rhode Island, Florida, Massachusetts, and Delaware. With more than 25 passionate and dedicated employees, many of whom are bilingual (English and Spanish), they are well-positioned to meet the needs of the community.

Good Fund currently offers a variety of loan products and financial services for those with less than perfect credit or no credit at all. These loans including immigration loans, personal loans, and  auto loans. In addition, for a limited-time Good Fund is offering interest-free loans to those who have relocated from Puerto Rico and the USVI after Hurricane Maria. Please visit www.goodfund.us for a full list of our loans and services, and www.goodfund.us/maria to learn more about the zero percent interest Hurricane Maria recovery loan.

Good Fund  was founded in February 2009 by current CEO, Andy Posner, while he was completing his Master of Arts in Environmental Studies at Brown University. After reading Banker to the Poor by Dr. Muhammad Yunus, Posner realized that legitimate financial services could help bring about true change and start the process of unraveling the cycle of poverty, which still plagues many communities.