Community Financial Resources
Program Area(s) | |
Grantee Name | Community Financial Resources |
Address | 771 Euclid Avenue Berkeley CA, 94708 United States |
Website | http://communityfinancialresources.net/ |
Description | Community Financial Resources (CFR) partners with community organizations and free tax-filing sites to connect low-income individuals with consumer-friendly banking tools that build financial skills and assets. Its innovations include a low-interest, secured Visa credit card that’s collateralized by the borrower’s own savings. This financial product helps people improve their credit score and set aside emergency savings. In 2014, 1,200 low-income individuals used CFR’s financial tools as an alternative to check cashers. |
Grant Amount | $25000 |
Project Dates | 05/21/15 - 05/21/16 |
Serving | United States/California/Alameda/Berkeley |