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ANDREW POSNER, Capital Good Fund founder and CEO / PBN FILE PHOTO/ MICHAEL SALERNO

Capital Good Fund to expand services with $466K Treasury grant

PROVIDENCE – The Capital Good Fund has received its largest influx of funding ever with a $466,000 grant from the U.S. Treasury, which will...
ANDY POSNER IS THE founder and CEO of Capital Good Fund, a nonprofit financial institution that provides residents with small personal loans and car loans. /COURTESY CAPITAL GOOD FUND

Five Questions With: Andy Posner

Andy Posner is the founder and CEO of Capital Good Fund, a nonprofit financial institution that provides residents with small personal loans and car...

Who’s On the Board, Capital Good Fund

Organization: Capital Good Fund Mission: The Capital Good Fund seeks to provide equitable financial services that create pathways out of poverty. Year founded: 2009 President/CEO: Andrew Posner 2016...

Real innovation is in the implementation

Andy Posner | Capital Good Fund Like many corporate and nonprofit leaders, I have often, in difficult times, sought a breakthrough idea to get through...
FINANCIAL ASSISTANCE: Roxana Mercado, right, financial-coaching fellow at Capital Good Fund in Providence, meets with her client, Gloria Orjuela of Providence. / PBN PHOTO/
MICHAEL SALERNO

R.I. has the highest percentage of poor people in New England....

Gloria Orjuela, a 53-year-old Providence resident, is disabled and living on supplemental-security income. Originally from Colombia, Orjuela has lived in the United States for 27...
EXPANDING OPPORTUNITY: Roxana Mercado, right, is part of Capital Good Fund staff trying to bring the benefits of banking to those in the region who are under-served, such as Gloria Orjuela.  / PBN PHOTO/MICHAEL SALERNO

Signs of hope in fighting effects of poverty, unbanking growth

It is not a coincidence that at the same time that the rate of poverty in Rhode Island is growing, the percentage of people...
PURPOSEFUL ACHIEVEMENT: Libby Kimzey, center, the Capital Good Fund’s chief operating officer, is instrumental in the nonprofit lender’s success, including expanding its offices. Here, she confers with loan officers Heiry Bulux, left, and Vanessa Ramirez. / PBN PHOTO/RUPERT WHITELEY

Choices, planning precede growth

Libby Kimzey | Capital Good Fund, chief operating officer RISING STAR As many founders know, finding someone to operate the day-to-day of your organization so...
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