Capital Good Fund is a Community Development Financial Institution that offers small loans and personal financial coaching to low-to-moderate income families. Their loans help people with less-than-perfect credit with a variety of expenses like medical bills, car purchases, immigration fees, and even unexpected emergencies, all at rates much lower than offered by payday lenders. In November, BII closed debt and grant investments with Capital Good Fund.
With BII’s funding, Capital Good Fund is introducing their immigration loan product to MA, helping people affordably cover the costs of immigration application! BII provided a grant so that the loans can be offered at a lower rate in our state. Additionally, we are supporting their DoubleGreen Loan product, an interest free loan that helps homeowners become more energy efficient.