CGF gets AT&T, foundation funding

PROVIDENCE – AT&T last month contributed $15,000 to the micro-financier Capital Good Fund, which will be matched by the Rhode Island Foundation.
Gov. Gina M. Raimondo, AT&T President Patricia Jacobs and Capital Good Fund founder and executive director Andy Posner met at the State House last month to celebrate the funding, which the group says will go toward providing personal loans and one-on-one financial and health coaching to underserved members of the community.
Capital Good Fund began as an idea in 2008 to combat environmental devastation and create economic opportunity for low-income Americans and today has become a fast-growing microfinance institution with locations in Providence, Woonsocket and Hartford, Conn.
The group has recently launched public-private partnership including the Rhode Island Financial Coaching Corps, which Raimondo supported while she served as the state treasurer, according to a press release.

No posts to display