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December 2020
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We bid farewell to 2020 with renewed hope and excitement for a brighter 2021. This is buoyed in no small part by the Community Finance Fellows—Louise JordanAndrew MoncadaBenson OchiraEssence Rodriguez, and Crystal Sevilla—whom many of you met on Zoom earlier this month at the fellowship showcase. If you joined us then, we’re sure you likewise sleep better knowing that our present and future are in their hands.
Animated GIF of fellows in Zoom
If you missed the event, see the recording here and the slides here. Be sure to click on each fellow's name above to connect individually on LinkedIn to discuss any opportunities that come your way, be they job listings, potential borrowers, or simply to nerd out about inclusive finance. Learn more about each fellow here.
Daniel, seen with sister, was bonded out in NovemberWe have much more to be hopeful and thankful for. The Freedom100 Fund has now freed fifty-two people from immigrant prison since launching this summer. This is over half the goal of the fund, and we look forward to supporting the freedom of more individuals in the coming months. Daniel, seen here with his sister, was bonded out Thanksgiving week with support from the fund.

We also want to celebrate closing the Homebuilding Investment Fund, the very first custom fund we built at Mission Driven Finance! Acting like a line of credit, the fund was designed to support San Diego Habitat for Humanity in building more homes more quickly. Thanks to our community of supporters, the fund mobilized over $2 million in investments and grants for San Diego Habitat for Humanity to build an anticipated total of thirty-seven homes for San Diego families. Watch this heartwarming video of the families who moved into Comm22—a Habitat community in the heart of Logan Heights—just in time for the holidays.

We are also hopeful that CARES Act tax incentives mean NOW is a great time for charitable giving or to try philanthropic investing. We are always looking for ways to make it easier to invest in communities you care about and our new partnership with Realize Impact does just that, supporting donors in turning any grant into an impact investment. We look forward to working alongside donors, private foundations, and donor-advised funds of all kinds to unlock grant capital as a tool for impact investing. Share this blog post with those you think would like to learn more.

As we wrap up 2020, on behalf of the Mission Driven Finance team, I wish you a safe and happy new year.
Lauren Grattan
Lauren Grattan
Co-Founder & Chief Community Officer
Successful portfolio exit: Somali Family Service of San Diego
In addition to the above, we are celebrating a successful—and pretty incredible—Advance portfolio exit. Each portfolio company has a special place in our hearts, but Somali Family Service of San Diego, a beloved nonprofit organization serving East African immigrants and refugees, marked our first Islamic-compliant investment so that they could grow their refugee entrepreneurship programs with capital aligned with their faith. This was, and is, a major breakthrough for communities and small businesses that are often left out of traditional financial systems. Capital from Advance enabled Somali Family Service of San Diego to support forty refugee entrepreneurs in starting or scaling their businesses over the past two years.
Congratulations to SBNLP recipients
In these challenging times, the work of nonprofits is more critical than ever. We're proud to help nonprofits continue serving their communities in our role as a deployment partner of The San Diego County COVID-19 Small Business & Nonprofit Loan Program. Congratulations to the latest nonprofit recipients! The loan program is still accepting applications from nonprofits. Please share with leaders you know!
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