Community Credit Lab

Mission

To enable regenerative lending programs at the direction of partners that represent their communities. 

Description

Community Credit Lab enables regenerative Lending Programs at the direction of Lending Partners that represent communities facing discrimination in the financial system. We facilitate lending programs that increase affordability, increase access, and shift power by decentralizing the lending program design and decision-making processes in the financial system: https://www.communitycreditlab.org/approach.

Recognition

In 2021, CCL and our Character Based Lending Fund partners were featured in Yes! Magazine: 
Lending on Character, Not Credit Scores 
https://www.yesmagazine.org/issue/a-new-social-justice/2021/11/15/banking-bipoc-businesses

In 2021, we co-wrote this article in partnership with Common Future: 
Sacrificing returns? These community investors ask if they’re sacrificing impact
https://impactalpha.com/sacrificing-returns-these-community-investors-ask-if-theyre-sacrificing-impact/

In 2020, we won "Best Nonprofit Startup" in Seattle at the Social Venture Partners Pitch Competition: https://www.fastpitchseattle.org/2020-innovators/finalists/community-credit-labs

Stanford Social Innovation Review mentioned CCL in 
Impact Investors Need to Share Power, Not Just Capital: https://ssir.org/articles/entry/impact_investors_need_to_share_power_not_just_capital#