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About Access Plus Capital

Over the past years, Access Plus Capital (formerly Fresno CDFI) has acquired funds from a variety of sources and has used these funds to empower local residents and business people.

1993
Fresno EOC began serving refugees with micro-loans up to $15,000.

With the establishment of the Refugee Microenterprise Program, Fresno EOC assisted clients with business plan development, marketing, and other business technical assistance.
Since its inception, the program has closed 300+ loans, averaging $8,800 each.

1999
Fresno EOC introduced Individual Development Accounts (IDAs), which are specialized savings accounts. Contributions by low-income participants are matched 2:1 using both public and private funds.

2008
Fresno EOC created Fresno Community Development Financial Institution (CDFI) for providing lending services to low and moderate income communities. Refugee Microenterprise Program and staff were merged into Fresno CDFI.
The portfolio of the CDFI became more diversified, including larger loans (up to $250,000), equipment, working capital, and trade receivables.

2009
In March 2009, the Fresno CDFI was certified by the federal CDFI fund. In July 2009, Fresno CDFI received their first CDFI award from the fund.

2010
Fresno CDFI joined the State of California CalCAP program. This program provides matching funds into a loan loss reserve which will enable us to assist more entrepreneurs who want to start businesses.

Fresno CDFI lent over $720,000 in American Recovery and Reinvestment Act (ARRA) funds across 19 loans, resulting in the creation/retention of 317 jobs. A Revolving ARRA Job-Creation Fund continues to assist businesses who are expanding their employment.

Fresno CDFI became a Small Business Administration (SBA) intermediary microlender with a $271,300 infusion from the SBA. These funds enable Fresno CDFI to meet the need of small businesses throughout the Central Valley. The funds are specifically for businesses looking for a loan of $50,000 or less.

Fresno CDFI started a rural microenterprise fund with $605,000 in loan and grant funds from the USDA. These funds enable us to extend our services to businesses located in rural communities with populations less than 50,000.

2013
Fresno CDFI partnered with Kiva.org to help small businesses by connecting the public to small businesses through microloans as small as $25.

2017
Fresno CDFI rebranded as Access Plus Capital.