Organization Profile

Rocky Mountain MicroFinance Institute

https://www.rmmfi.org

Rocky Mountain MicroFinance Institute creates the space for communities and people of all backgrounds to realize their unique potential through the power of entrepreneurship. We believe that all people deserve the investment to achieve their dreams, and we provide that investment through classroom, coaching, capital, and community.

In 12 years, RMMFI is proud to have:

  • Graduated 33 cohorts of Business Launch Boot Camp with an 85% graduation rate, which resulted in the launch or expansion of 271 businesses in Denver and Aurora
  • Distributed $717,517 in 252 loans to low-income entrepreneurs with a 93% repayment rate
  • Become a certified Community Development Financial Institution (CDFI) with the U.S. Treasury
  • Been selected as a member of the 2020 Catalyst Program cohort with the Stand Together Foundation
  • Won the 2011, 2012, 2014, 2015, 2016, 2018, 2019, & 2020 Right on the Money Award from CUA
  • Won the 2019 Colorado Google.org Impact Challenge (one of five winners)
  • Won the 2019 National Innovation Award from American Enterprise Institute (AEI)
  • Been named a 2013, 2018, & 2019 Top Company Finalist (Nonprofit) by COBiz Magazine
  • Received the 2016 Small Nonprofit of the Year award from the Denver Metro Chamber of Commerce
  • Won the 2011 Colorado Innovation in Philanthropy Award from Bank of the West

Civic & Community
Low-income Communities
1209 W 10th Ave, Denver, CO, 80204, United States