“Entrepreneurship is one of the most important drivers for job creation. Moreover, social entrepreneurship offers not only a path for young people to transform their own lives, but also a way to empower others.”
– Arancha Gonzalez
Common Capital is a community loan fund and non-profit organization that is committed to a thriving local economy in order to create positive social and community impacts. We align capital and other resources to community needs and opportunities. We accomplish this by providing financing and business assistance to small businesses and high-impact community projects. Every dollar that Common Capital deploys is an investment in job creation, providing opportunity for low-income people, essential community services, neighborhood rejuvenation and environmental sustainability. We focus on businesses that are locally owned and that recirculate local dollars. Common Capital is a Community Development Financial Institution (CDFI) certified by the U.S. Department of the Treasury CDFI Fund. In order to become a certified CDFI, an dxlive organization must have a primary mission of promoting community development; provide financial products and services; serve one or more defined low-income target markets and maintain accountability to the community it serves. Common Capital became an affiliate of Way Finders, a housing services nonprofit located in Springfield, MA, in April of 2017. Way Finders is the sole member of Common Capital. We will continue to maintain our own identify, and our own leadership and staffing structure. This collaboration will enable us to expand into low-income housing project lending and increases our access to potential clients throughout the greater Springfield area.
Massachusetts LGBT Chamber of Commerce
Christa Whitney and Lance Piantaggini
Annie Sexauer and Alyson Bull
Annie and Alyson have been believers and supporters of Colorful Resilience since the very beginning. Most recently they have chosen to help us financially, coming to our rescue in a time of need. Their willingness to hold us up and push us forward is greatly appreciated. Annie and Alyson operate Sweet River Farm in Whately MA, providing therapeutic horse riding and horsemanship.
Berkshire Bank – Futures Fund
Berkshire Bank’s Futures Fund Program provides access to capital through designated Referral Partners through a low-interest rate line of credit up to $50,000 to small businesses that are majority-owned and led by historically marginalized and underrepresented individuals. This includes people of color (African Americans, Hispanics, Asian Americans, Pacific Islanders, Native Americans), individuals with disabilities, LGBTQIA+ individuals, and women.
Become A Supporter
If you are interested in becoming a supporter of Colorful Resilience’s mission, please contact our Founder & CEO, Mayrena Guerrero, at email@example.com