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Portfolio & Investment Summaries

SCF / Our Investments / Portfolio & Investment Summaries

Since our investment activity began in 2011, we have been steadily growing our investment portfolio each year. By 2020, SCF had made 20 unique investments into 13 organizations with a total portfolio of 12 investments worth $3.1 million.

>> Portfolio Snapshot

$3.1M

Portfolio

100%

Impact Investments

100%

Financial Inclusion
Focused

83%

CDFI’s

SCF’s CAPITAL FUNDS:

  • 73% Micro-to-medium
    sized business loans
  • 27% Multiple loan
    program capital
IMPACT INVESTMENT
TYPE:
  • 9 Program
    Related
  • 3 Mission
    Related
SERVED BY PROGRAMS FUNDED BY SCF:
  • 53%Women
  • 77% Minorities
FLEXIBLE UNDERWRITING USED:
  • 78%of programs funded use it to serve underserved groups

>> Current Investments

Northern Initiatives

Diversity Lending


Term: 2019 – 2025

Amount: $300,000

Use: Loans for women, minority and veteran entrepreneurs in lower-Michigan expansion region

LiftFund

Southern Coastal Disaster Lending


Term: 2019 – 2025

Amount: $200,000

Use: Small businesses disaster recovery loans within FEMA disaster areas in southern coastal states

LiftFund

LiftUp Loan Program


Term: 2019 – 2025

Amount: $200,000

Use: Small business loans offering more flexible underwriting standards in 13 southern states

FAHE

Community Loan Fund


Term: 2019 – 2023

Amount: $300,000

Use: Loans for affordable housing and community development projects in rural Appalachia

Blue Highway Capital

Blue Highway Growth Capital Fund


Term: 2018 – 2029

Amount: $400,000

Use: Supports the expansion of small, rural businesses lacking access to growth capital through equity investments

>> Previous Investments

BCL of Texas

Diversity Fund


Term: 2018 – 2021

Amount: $350,000

Use: Loans in Texas for women, minority and veteran entrepreneurs, using flexible underwriting

Native American Bancorporation

Native American Bank – General Loan Fund


Term: 2018 – 2022

Amount: $300,000

Use: Loans supporting Native American entrepreneurs and community/economic development projects across 22 states

Grameen America Social Business Fund

Grameen America Inc. Loan Fund


Term: 2017 – 2022

Amount: $350,000

Use: No-collateral microloans for low-income, female, small-business owners; using group lending model

Self Help Federal Credit Union

Runway Project Oakland


Term: 2017 – 2022

Amount: $100,000

Use: Loans for early-stage businesses run by African Americans that use non-traditional underwriting and offers holistic business supports

Hope Credit Union

General Loan Platform


Term: 2017 – 2020

Amount: $258,640

Use: Loans benefitting low-income and underserved populations across a five-state region in the Deep South

Mercy Corps Northwest

Small Business Loan Fund


Term: 2016 – 2020

Amount: $120,000

Use: Microloans to low-income small-business owners within the Pacific Northwest

Self Help Federal Credit Union

General Loan Platform


Term: 2015 – 2020

Amount: $254,649

Use: Multi-use loans to low-to-moderate income borrowers in CA, IL, and FL

LiftFund

LiftUp & Promise Loan Programs


Term: 2015 – 2019

Amount: $200,000

Use: Promise loans- Prototype micro-lending program using a flexible underwriting system designed to fund early-stage low-income businesses

LiftFund

Hurricane Harvey Small Business Recovery Fund


Term: 2017 – 2019

Amount: $100,000

Use: : Loans to support small business recovery efforts after Hurricane Harvey in Houston, Texas

Northern Initiatives

Regional Revolving Loan Fund


Term: 2014 – 2019

Amount: $75,000

Use: Loans paired with CDBG business loans for low-to-moderate income small businesses in rural upstate Michigan

Oikocredit USA

Oikocredit International Loan Fund


Term: 2015 – 2016

Amount: $150,000

Use: Loans to Oikocredit’s partner microfinance, farming cooperatives and social enterprises serving the lowest income populations across the world

Finca International

Finca Haiti


Term: 2011 – 2012

Amount: $37,500

Use: Microfinance loans to female-owned small businesses in Haiti to support post-earthquake recovery efforts

Accion Texas Inc. (Now LiftFund)

Texas Growth Markets


Term: 2011 – 2014

Amount: $70,000

Use: Texas- loans to low-income small business in regions targeted for capacity growth

Accion Texas Inc. (Now LiftFund)

LA – Expansion Markets


Term: 2011 – 2014

Amount: $70,000

Use: Louisiana- Loans to low-income small businesses owners in new expansion markets in the state

Habitat For Humanity Michigan Fund

Affordable Community Mortgage Program


Term: 2012 – 2016

Loan Amount: $70,000

Area: A prototype mortgage fund lending to low-income borrowers across Michigan