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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

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