Mission Asset Fund (MAF)

Mission Asset Fund (MAF)

Financial Services

San Francisco, CA 2,598 followers

Our mission is to help people become visible, active, and successful in their financial lives.

About us

MAF is a nonprofit working to help people become visible, active, and successful in their financial lives. Every day we help house cleaners and restaurant owners across the U.S. save money with better credit and less debt. We do it because 50 million Americans are living in the shadows where predatory lenders lurk. From social loans to our groundbreaking research, we innovate and advocate for effective, culturally relevant ways to improve economic mobility.

Website
http://missionassetfund.org
Industry
Financial Services
Company size
11-50 employees
Headquarters
San Francisco, CA
Type
Nonprofit
Founded
2007
Specialties
Lending Circles, Social Loans, Financial Education, Lending Circles for Citizenship, Lending Circles for Dreamers, Lending Circles for Business, Immigration, Loans, and Nonprofit Tech

Locations

Employees at Mission Asset Fund (MAF)

Updates

  • View organization page for Mission Asset Fund (MAF), graphic

    2,598 followers

    It’s #NationalSavingsDay! At MAF, we're celebrating by spotlighting Lending Circles, our signature program that transforms the practice of social lending into a powerful tool for building credit and savings. Here’s how Lending Circles is transforming lives: 💲 Zero-interest loans: Participants can borrow without paying interest, making it easier to save. 🔁 Structured savings: Regular contributions to a Lending Circle encourages consistent saving habits. 📈 Credit building: On-time payments are reported to credit bureaus, helping improve credit scores and opening the door for future borrowing. 🤝🏽 Community support: Members motivate each other to meet financial goals, like saving money for a child’s college education or an upcoming family celebration. 🎓 Financial education: Participants get access to relevant resources and coaching to support their financial journeys. By combining traditional community practices with modern financial tools, Lending Circles offers a unique way for people to save money, build credit, and achieve their financial goals together. Learn more at mafito.info/LCS

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  • View organization page for Mission Asset Fund (MAF), graphic

    2,598 followers

    📢 Today is Latina Equal Pay Day, a stark reminder that Latinas in California earn just 44 cents for every dollar earned by white men. 📢 This staggering statistic highlights the urgent need for financial equity and inclusion. A new article from the https://lnkd.in/dxXC6uvY reveals that despite Latinas’ wages growing at twice the speed of white men's, it will still take 130 years for them to reach equal pay. Read the full article to learn more about the persistent wage gap faced by Latinas and what can be done to address this issue. 🔗 https://mafito.info/YRJH6b Let's work together to create a more just and equitable society for all. #LatinaEqualPayDay #FinancialEquity

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  • View organization page for Mission Asset Fund (MAF), graphic

    2,598 followers

    We're proud to be part of the Citi Foundation's Community Progress Makers initiative, working alongside a cohort of organizations dedicated to connecting low-income communities with greater social and economic opportunities. A couple of weeks ago, the Northern California cohort gathered in Washington, D.C. to exchange valuable insights and learnings. Efrain Orozco, MAF's Partnerships Director, had the opportunity to connect with social change leaders, including Natalie Concepcion Aliga! #communityprogress #socialchange #financialinclusion

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  • View organization page for Mission Asset Fund (MAF), graphic

    2,598 followers

    Mission Asset Fund (MAF) is proud to announce our participation in the upcoming San Francisco Financial Resource Fair! We'll be on hand to provide information about our innovative programs and services designed to empower individuals and communities financially. Our incredible team will be ready to assist with tailored solutions and expert guidance. 📅 Date: Saturday, October 5, 2024 ⏰ Time: 10 a.m. – 1 p.m. 📍 Venue: Southeast Community Center, 1550 Evans Ave, San Francisco This event, organized by the California Department of Financial Protection and Innovation, is a fantastic opportunity to connect with essential financial resources. Learn more at mafito.info/Oct-5 Join us in our mission to create a more financially inclusive San Francisco, and help us spread the word!

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  • View organization page for Mission Asset Fund (MAF), graphic

    2,598 followers

    We're thrilled to announce a crucial initiative for Bay Area DACA recipients pursuing legalization: Wellness Support Groups, led by Immigrants Rising. At MAF, we understand that the journey to permanent legal status involves more than just paperwork. It's a process that can significantly impact mental and emotional well-being. That's why we're proud to support this program, which offers: - A confidential space for peer connection - Strategies to manage stress and uncertainty - Guidance from licensed mental health professionals with personal immigration experience These groups are designed to build resilience and community among DACA recipients navigating complex legal processes. ⏰ Help us spread the word before the October 1st registration deadline! More info can be found at https://lnkd.in/e3NcMmcH

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    2,598 followers

    🎉 Happy Hispanic Heritage Month! 🎉 At MAF, we are thrilled to celebrate the rich diversity, traditions, and cultures that define the Latine community. This month and every month, we honor the countless contributions from the Latine community that strengthen and enrich our communities daily. From vibrant cultural practices to groundbreaking achievements, the Latine community has made an indelible impact. We invite you to join us in celebrating hispanic heritage this month and every day! #HispanicHeritageMonth #CelebrateDiversity #LatinePride

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    2,598 followers

    📣 Attention DACA Recipients and Allies! 📣 "Preparing for Change: How a New Administration Could Impact DACA Recipients” webinar is happening on September 25, 2024, from 2–3 PM PT. Don't miss this opportunity to learn about various topics, including family-based, humanitarian, and employment-based options for DACA recipients. This webinar, hosted byCornell Law School, Immigration Institute of the Bay Area (IIBA) & Immigrants Rising will help you prepare for and navigate potential uncertainties ahead. Register now: bit.ly/DACAprepwebinar

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  • View organization page for Mission Asset Fund (MAF), graphic

    2,598 followers

    Efrain Segundo, MAF’s Partnership Director, attended the Prosperity Now Summit, joining thousands of professionals working to ensure that everyone in our country has a clear path to financial stability, wealth, and prosperity. Efrain met with Latino leaders, Ernesto Fonseca with Hacienda Community Development Corp. (CDC), Laura Arce from UnidosUS (@WeAreUnidosUS), and Lisa Hererra from Raza Development Fund during their session on Latino home ownership. We are proud to be a part of a vast community of partners and leaders working together to make financial prosperity a reality for everyone. #ProsperityNowSummit #financialprosperity

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Funding

Mission Asset Fund (MAF) 2 total rounds

Last Round

Grant

US$ 1.0M

See more info on crunchbase