Starbucks has teamed up with the Opportunity Finance Network to create and sustain jobs. Create Jobs for USA will provide capital grants to select Community Development Financial Institutions (CDFIs). The CDFIs will provide financing to underserved community businesses which include small business loans, community center financing, housing project financing and microfinance.
Starbucks has seeded this project with a $5 million contribution from the Starbucks Foundation. You can assist this effort by donating just $5 or more at any Starbucks or online. When you do, you’ll receive a red, white and blue wristband with the message “Indivisible”.
HERE’S WHAT I LIKE ABOUT THIS PROGRAM: you’re $5 donation will spark $35 in financing to small businesses. PLUS, the repayment rate on these community loans is 98%! Please support Create Jobs for USA now.