Rocky Mountain MicroFinance Institutehttp://www.rmmfi.org
Rocky Mountain MicroFinance (RMMFI) is changing this, one entrepreneur at a time. RMMFI is a community creating economic and social mobility through entrepreneurship. RMMFI helps curious people transform into serious entrepreneurs through personal, business, and financial investments.
As a Community Development Financial Institution with over 10 years of experience, RMMFI has supported Denver’s under-resourced entrepreneurs with business development, personal capacity-building, and lending. RMMFI focuses on the "whole entrepreneur" and uses business ownership as a tool for socioeconomic mobility.
In 10 years, RMMFI is proud to have
Distributed over $485,000 in loans to low-income entrepreneurs, with a 95% repayment rate.
Graduated 23 classes of the Business Launch Boot Camp with an 88% graduation rate, which resulted in the launch or expansion of 199 businesses in Denver.
Won the 2016 Small Nonprofit of the Year award from the Denver Metro Chamber of Commerce.