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Clarifi is a non-profit community resource devoted to developing Lifelong Financial Literacy. Over five decades, they have helped people just like you identify and secure the most important assets in their lives.Originally known since 1966 as Consumer Credit Counseling Service of Delaware Valley (CCCS), their organization has its roots in helping people who are struggling with debt. They clarify what can be a complex and confusing situation and customize an action plan that can begin right then and there.

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Entrepreneur Works is a non-profit 501(c)(3) microenterprise development organization focused on growing businesses and jobs in our local communities. Our mission is to cultivate and promote successful entrepreneurs in underserved areas of the Greater Philadelphia region – entrepreneurs who then become economic engines in their own neighborhoods.

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FINANTA is committed to supporting entrepreneurs and first-time homeowners with financial education and lending services that match the ever-changing needs of their families and businesses.
Their individualized technical assistance and financing solutions provide their clients — often under- or unbanked individuals — with the means to build credit and develop economic self-sufficiency over time. With over 17 years experience as a Community Development Financial Institution (CDFI), they have successfully loaned nearly $37 million to over 625 customers in the City of Philadelphia, helping to create and retain well over 1,200 jobs. They are a certified intermediary lender for the Small Business Administration’s (SBA) Microloan Program, and have lending programs sponsored by the PA Treasury Department. FINANTA is also an approved participating lender for the Pennsylvania Housing Finance Agency’s (PHFA) home purchase program.

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Kiva Zip is a pilot program launched by Kiva, the world’s first and largest micro-lending website. Kiva became famous for enabling anyone with an internet connection to lend as little as $5 to alleviate poverty. Kiva Zip takes this model even further by making it possible for lenders to send funds directly to the entrepreneurs they support. They have 3 major goals:

1) Help entrepreneurs access the financial services they need. While microfinance has helped million, many people have been left out: Think remote rural villages in Kenya or recent refugees with no credit history in the United States. By making lending easy on the internet, and tying loans to borrowers’ characters rather than their credit scores, Kiva Zip aims to reach the world’s most marginalized entrepreneurs with the financial tools they need to succeed.

2) Lower fees and interest rates to make borrowing affordable. Because Kiva Zip operates online and uses mobile money payment technologies to move money, it’s able to slash the cost of making microfinance loans. These savings are passed along to borrowers in the form of lower interest rates. In fact, Kiva Zip loans are currently offered at 0% interest with no fees.

3) Cultivate community between borrowers and lenders. Kiva is all about forging connections between lenders and borrowers on opposite sides of the world. Kiva Zip strengthens these relationships even more by letting people send messages back and forth, including words of encouragement, updates from borrowers as they succeed, and notes about how loans have helped businesses thrive.

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Lend for America helps student leaders to build their communities through the creation of campus microfinance institutions (Campus MFIs). Our national platform supports students practicing microfinance in the U.S. by providing training, networking, funding, and research.

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Rooted in the Haverford College tradition of embedding in its curricula a strong, ethical commitment to a just world, MI3 engages students in exploring the use of financial and human capital to address social problems. Housed within the economics department but strongly cross-disciplinary, MI3 leads students to critically assess and respond to such challenges as poverty, environmental risk, and good governance while balancing social and financial goals. Through workshops, special projects, guided research, interaction with guest speakers and engagement with organizations in the field, MI3 presents students co-curricular opportunities to learn and take action to address key social challenges of our world.