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BIG LENDER: The Capital Good Fund founder and CEO Andy Posner has seen his nonprofit finance more than 5,500 small personal loans since 2009. / PBN PHOTO/RUPERT WHITELEY

Capital Good Fund loans a hand to a community in need

PBN INNOVATIVE COMPANIES 2020 NONPROFITS The Capital Good Fund INSPIRED BY THE CONCEPT of microlending as a social justice tool, Andy Posner turned his Brown...
RHODE ISLAND FOUNDATION has loaned $500,000 to the Capital Good Fund so the organization can issue short-term loans to consumers who do not qualify for conventional financing for expenses related to the ongoing COVID-19 pandemic.

R.I. Foundation loans Capital Good Fund $500K to help those impacted...

PROVIDENCE – The Capital Good Fund will have an extra half-million dollars to make loans to individuals who have been impacted by the COVID-19...

Capital Good Fund launches new Crisis Relief Loan program

PROVIDENCE – A Providence-based nonprofit lending institution has launched a new low-interest loan program to help those taking a financial hit from the new...

Bill reignites controversy over payday lending reform

PROVIDENCE – A state senator wants payday lenders out of Rhode Island. Sen. Harold Metts, D-Providence, submitted legislation earlier this month that would eliminate provisions...
THE CAPITAL GOOD FUND has received a three-year $665,000 grant from the U.S. Treasury. Above, CGF founder and CEO Andy Posner. / COURTESY CAPITAL GOOD FUND

Capital Good Fund receives $665K grant from U.S. Treasury

PROVIDENCE – The Capital Good Fund received a three-year $665,000 grant from the U.S. Treasury’s Community Development Financial Institutions Fund, CGF announced Wednesday. The Capital...
A BETTER WAY: Capital Good Fund founder and CEO Andy Posner, left, discusses strategies to help clients understand and deal with personal finance issues with loan officers Ellie Parada, center, and Roxana ­Mercado. 
 / PBN FILE PHOTO/RUPERT WHITELEY

Capital Good Fund finds success helping those who need it most

A decade ago, a Brown University graduate student hatched an idea to help Rhode Islanders with low incomes deal with the difficult financial realities...

Capital Good Fund celebrates 10th anniversary

PROVIDENCE – Capital Good Fund, the Providence-based nonprofit that provides small loans and personalized financial coaching to low-income residents in Rhode Island, Massachusetts, Delaware...
MONEY MATTERS: From left, Roxana Mercado and Ellie Parada, Capital Good Fund loan officers, and Andy Posner, founder and CEO, discuss strategies for helping clients navigate debt and personal finance at the company’s office in Providence.
 / PBN PHOTO/RUPERT WHITELeY

Capital Good Fund blazing trails out of poverty

Business Excellence Awards 2018 Overall excellence at a small company: Capital Good Fund With nearly one-half of the U.S. population unable to tap $400 in savings...
SAGE COUNSEL: From left, Nacor Matos Custodia, financial coach at Capital Good Fund, and Wally Okby, vice president of investor relations, counsel clients Ann-gel Mitchell and Charles Isler in managing their finances.
 / PBN PHOTO/RUPERT WHITELEY

Capital Good Fund offers competitive alternative to payday lenders

Innovative Companies | Financial Running into financial issues or attempting to get out of bad situations can be daunting. Providence-based Capital Good Fund can come...

United Way honors Capital Good Fund with 2-1-1 Innovation Award

ANDY POSNER is the founder of Capital Good Fund, a Providence-based social change organization that uses financial services to address America’s poverty problems. The...

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