Community Loan Initiative
This program increases access to credit for low- and moderate-income people who otherwise may turn to high-cost payday and auto title lenders. Through the Community Loan Initiative, United Way of Metropolitan Dallas provides philanthropic funding to support a loan loss reserve fund, which allows our partner Capital Good Fund to provide low-risk loans at a market rate.
The average loan size is approximately $850, and participants increase their credit score since repayments are reported to the major credit bureaus.
Results & Impact
230
Crisis Relief Loans
financed for nearly $200,000 in 2022-2023
$850
average loan amount
$700
saved on average
by clients when compared to traditional loans
230
Crisis Relief Loans
financed for nearly $200,000 in 2022-2023
$850
average loan amount
$700
saved on average
by clients when compared to traditional loans
Community Loan Initiative is a partnership of:
United Way of Metropolitan Dallas • Capital Good Fund
Invest in Lasting Change
Together, we can improve access to education, income and health so all North Texans can thrive.
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