News

As we mark the mid-year point of a turbulent 2020, we want to recognize that we have accomplished amazing things with the help of some wonderful people! Opportunity Fund’s Southern California Regional Board has played a vital role in expanding the organization’s reach into a new market since June 2015 and making this region the…

For those of us fortunate enough to be able to work from home, everyday life is complicated, difficult, and worrisome. However, we still get to mobile order our favorite pizza or Chinese food for dinner. We still get to stop by and grab coffee at a drive-through on the way home from picking up groceries.…

September 23, 2019 marks the 25th anniversary of the CDFI Fund. Formally known as the Community Development Financial Institutions (CDFI) Fund, the US Treasury Department program aims to expand economic opportunity by investing in organizations, like Accion Opportunity Fund, to provide loans, technical assistance, and financial services to underserved communities.

Thank you, friends?, for joining us at Taste of Microfinance and for supporting our mission to provide small business loans to hard-working entrepreneurs.

Yesterday, Accion Opportunity Fund, alongside fellow members of the Responsible Business Lending Coalition (RBLC) and nearly 60 other organizations, submitted a comment letter outlining how California’s Department of Business Oversight (DBO) should bring true cost transparency to the small business lending market.

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

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.

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:

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…

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.