TX28 Stories and Data

Since its inception in 1994, PeopleFund – a CDFI and SBA Lender – has deployed more than $1.2 Billion in financial assistance in areas that needed jobs and revitalization in Texas. Almost 60% of this growth took place in the last 5 years. We are also the managing member of the Veteran Loan Fund, a collaborative effort of a growing number of CDFIs across the country supporting Veterans and Veteran spouses start and grow their businesses.

Since 2011 the RGVMB CDFI has assisted over 140,000 borrowers across the Nation with access to needed capital. This work can only be done with help from the CDFI Fund.

They support small businesses with financial gain and information to further their business