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.
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.