As the national network of community development financial institutions (CDFIs), Opportunity Finance Network (OFN) provides affordable, responsible financial products and services to a variety of individuals, families and neighborhoods. The nearly 240 institutions in this network have created $48 billion for financing over 1,044,000 jobs, 191,000 businesses and 1.5 million housing units in low-income and under-sourced communities.
“Opportunity Fund made it really easy to get financing,” Don said. “We didn’t have the money to buy the truck outright. Opportunity Fund made it happen for us.”
Don’s plans for expansion include adding a truck in the Downtown Disney District, Disneyland, and a brick-and-mortar restaurant.
Praxis Mutual Funds® supports organizations such as OFN through investments in Calvert Impact Capital, an impact-investing institution that helps people around the world through community development financing. It’s part of the Praxis commitment to place approximately 1 percent of each of its funds to benefit neighborhoods and individuals through community development investments.