Our objective would be to help low-income and extremely low-income households, communities and organizations with additional usage of money and literacy that is financial providing below-market price monetary services to low-income, underserved and unbanked individuals in communities every-where. Additionally, it is our objective to produce brand new partnerships and help other institutions in increasing use of money in these areas.
CDF launched the very first and just nonprofit, full-service, stand-alone check cashing shop in the nation in might 2009, into the Fruitvale community of Oakland, Ca.
Our storefront, called Community Check Cashing (pictured, left), offers below-market rates, minimal charges, and an extensive selection of economic solutions, including coaching that is financial small business solutions — all created to simply help low-income families go out of poverty. We run the shop for a social enterprise model: a nonprofit check cashing organization when the check cashing solutions element of the operations are economically sustainable through acquired revenue while using the contributions and funds to aid the mentoring, social solutions and management.Leggi ancora