Nonprofit Loan Options
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Community Works Carolina
Statewide, nonprofit U.S. Treasury certified Community Development Financial Institution (CDFI). Offers financial education, lending, and investing in support of small business growth, entrepreneurship, and affordable housing. Seeks ongoing capital for lending to underserved small businesses in SC, with emphasis on supporting women and minority-led businesses.
SDG IMPACT:
Decent Work and Economic Growth (8)
Sustainable Cities and Communities (11)
FINANCING: Loan
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Greenville Housing Fund
Nonprofit organization serving as a convener, advocate, investor, and funder to increase and preserve the supply of safe, accessible, high-quality, affordable housing choices throughout Greenville County. Seeks ongoing capital to finance, construct, and preserve multi-family housing, primarily for residents with income ranging from 50-80% of area median income (AMI).
SDG IMPACT:
Sustainable Cities and Communities (11)
FINANCING: Loan
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Homes of Hope
Faith-based, nonprofit community development corporation (CDC), opening doors across SC for economic mobility through housing, economic, and workforce development. Now the largest nonprofit developer of single-family affordable housing in the state. Seeks ongoing capital to provide equity financing for the construction of single-family energy-efficient housing and community-focused mixed-use developments across SC.
SDG IMPACT:
Sustainable Cities and Communities (11)
FINANCING: Loan
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Eagle Market Streets Development
Non-profit organization, located in downtown Asheville, serving Western North Carolina with a focus on community support, property and economic development. Hosts a variety of venture philanthropy investment opportunities, including a Community Equity Fund for small businesses, real estate ventures, and other opportunities to support equitable and inclusive growth in WNC.
SDG IMPACT:
Decent Work and Economic Growth (8)
Industry, Innovation and Infrastructure (9)
Sustainable Cities and Communities (11)
Partnerships for the Goals (17)
FINANCING: Loan
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Mountain BizWorks
U.S. Treasury certified non-profit Community Development Financial Institution, located in Asheville, that is building a vibrant and inclusive small business community throughout Western North Carlolina.. Provides cohort based learning, business coaching and loans to historically underserved entrepreneurs including LMI, women and people of color. Angels can recommend funding to support the Local Impact Fund, providing access to capital.
SDG IMPACT:
Ensure Healthy Lives and Well-being (3)
Gender Equality and Women Empowerment (5)
Decent Work and Economic Growth (8)
FINANCING: Loan
The summaries on this page represent investment opportunities potentially available for recommendation using an Abundance Capital (AC) donor-advised fund. In making collaborative investment options available for recommendation, AC is not representing nor endorsing these entities for investment outside the scope and purpose of AC. Each investee is responsible for all information contained therein. Donors must rely on their own examination of the investment opportunity and terms, including the merits and risks involved. See AC Investment Policy for more information regarding investment philosophy, principles, and process, including acknowledgement of financial risk.