Volunteer Hours Contributed:
Date Completed:

Clients working here: Arbutus Medical

United States

Project: CDFI Bond to Unlock Access to Capital for Underserved Entrepreneurs for Association for Enterprise Opportunity (AEO)
Volunteer Hours Contributed: 120
Skill: Other
Date Completed: August 2013

Two J.P. Morgan volunteers helped Association for Enterprise Opportunity (AEO) assess the feasibility of participation of US micro-lenders in the Community Development Financial Institutions (CDFI) Bond Guarantee Program by developing a financial model for a subset of lenders.

This project has the potential to greatly increase access to capital for underserved entrepreneurs in the United States. A successful bond issuance will permit approximately USD 100M to flow to underserved business owners. The process of preparing US micro business lenders to participate in the bond issuance also improves the capacity of lenders and creates greater transparency into performance of the sector.

Clients working here: Access-Assist, Accion Intl, AEO, American India Foundation, Ashoka, Detroit Microenterprise Fund, Earthspark, Fenix Intl, Friendship Bridge, Giving for Living Intl, Inc., Global Alliance for Clean Cookstoves, Global Good, Grameen Foundation, Northern Pueblos Housing Authority, Opportunity Resource Fund, Oregon Microenterprise Network, Overseas Impact, Pearl S. Buck Intl, Project Concern Intl, Social Enterprise Associates, Synergy Farms Inc., The Association for Enterprise Opportunity, The SEEP Network, The Trust for the Americas, Truelift, Virginia Microenterprise Network, Women's Enterprise Development Center, and Women's Refugee Commission