Nonprofit Spotlight: RISE Financial Pathways



Photo Courtesy of RISE Financial Pathways Facebook Page

Photo Courtesy of RISE Financial Pathways Facebook Page

Intersections’ Nonprofit Spotlight series profiles South L.A. organizations that are propelling positive change in South L.A.

_________________________________________________________________________ 

Community Yard Sale | Photo Courtesy of RISE Financial Pathways Facebook Page

Community Yard Sale | Photo Courtesy of RISE Financial Pathways Facebook Page

What is the RISE Financial Pathways’ purpose?  To improve the financial standing of individuals, launch and sustain small businesses, and generate economic activity that strengthens entire neighborhoods.

When was the RISE Financial Pathways’ founded? March 1993

Which areas does the RISE Financial Pathways’ serve? South Los Angeles

What services does the RISE Financial Pathways’ provide? Small business lending and asset development.What are the RISE Financial Pathways’ recent accomplishments?  CFRC has served nearly 100,000 low income clients since its inception in 1992.  Its programs have resulted in nearly $14 million in economic activity and the retention and creation of thousands of jobs. The transformative power of CFRC’s services – combined with its clients’ enterprise and hard work – improves the financial standing of individuals, launches and sustains small businesses, and generates economic activity that strengthens entire neighborhoods.

Video Courtesy of the RISE Financial Pathways

What does the RISE Financial Pathways’ consider as…

Photo Courtesy of RISE Financial Pathways Facebook Page

Photo Courtesy of RISE Financial Pathways Facebook Page

…top safety issues in South L.A.? Rise in hostel homeless people.

…top education issues in South L.A.?  Adequate financial products and understanding how to use the products.

…top business issues in South L.A.? Bank loans are too restrictive and bank products limits are too high for local businesses.

What are Community Financial Resource Center’s affiliated programs? CFRC Vita Tax Assistance Program, Individual Development Accounts (IDA) Program, SmartMoney Savings Accounts.

Hours: 9 a.m. – 5 p.m.

Contact info:Veronica Lopez, Senior Program Officer Asset Development Programs,[email protected], 323 846 1476

Speak Your Mind

*