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Ripple contributes $15M to expand economic opportunity for small businesses

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Luz Urrutia Appointed to CFPB CAB

Opportunity Fund CEO, Luz Urrutia, has been appointed to the Consumer Financial Protection Bureau’s (CFPB) Consumer Advisory Board (CAB).

Our First Small Business Financial Health Survey

In collaboration with the Center for Financial Services Innovation (CFSI), Accion Opportunity Fund is pleased to present the initial findings of our Small Business Financial Health Survey.

Interview: Iosefa Alofaituli on CFPB Field Hearing

Welcome to the second blog in our series about the challenges and initiatives faced by the Consumer Financial Protections Bureau (CFPB). In this blog, Accion Opportunity Fund’s Regional Director, Iosefa Alofaituli, writes about his experience at a CFPB Field Hearing in Los Angeles:

Why We Need the CFPB

Welcome to Accion Opportunity Fund’s new blog series on the Consumer Financial Protections Bureau (CFPB). The CFPB is a federal agency that acts as a buffer for consumers against financial fraud and abuse. It has come under heavy scrutiny in recent months. Accion Opportunity Fund recognizes that many of our clients and stakeholders benefit from…

When Should Fintechs Become Banks?

Earlier this month, Accion Opportunity Fund responded to the Office of the Comptroller of the Currency’s (OCC) request for comments on their proposal to offer a national special purpose charter to non-bank institutions.

Ability-to-Repay vs. Ability-to-Collect

Earlier this month Accion Opportunity Fund submitted comments to the Consumer Financial Protection Bureau regarding their proposed rule on payday, vehicle title, and certain high-cost installment loans.

From the Frontlines in the Microfinance Revolution

This article was originally published by the Federal Reserve Bank of San Francisco in Community Investments, Winter 2014/2015 – Volume 26, Number 3 35. Notes from the Frontlines in the Small Business Finance Revolution: A Microlender’s View By Gwendy Brown and Eric Weaver Where do you go for your morning coffee? To get your car serviced? To…

Microlending in the United States

Microfinance offers fair and empowering products—loans, savings accounts, insurance, and more—that help people get ahead financially. Read a timeline of the history of microfinance in the U.S.

Adolfo Ortiz, small business owner.