PeopleFund Blog

PeopleFund Named a Bank of America 2023 Neighborhood Builder® in Austin

The Nonprofit Will Receive $200,000 in Flexible Funding and Leadership Training to Advance Economic Mobility   AUSTIN – Today, Bank of America named PeopleFund as one of its 2023 Neighborhood Builders® award winners for their work to support entrepreneurs in Austin and throughout Texas. Through this multi-year grant funding and extensive leadership…

The Nonprofit Will Receive $200,000 in Flexible Funding and Leadership Training to Advance Economic Mobility   AUSTIN – Today, Bank of America named PeopleFund as one of its 2023 Neighborhood Builders® award winners for their work to support entrepreneurs in Austin and throughout Texas. Through this multi-year grant funding and extensive leadership…

Giving Tuesday Client Spotlight: Monocle Eyewear

Monocle Eyewear is a locally-owned eyewear store in downtown El Paso that offers exceptional customer service and premium quality eyewear at affordable prices. Their mission is to inspire self-expression and individuality through affordable eyewear. They believe everyone deserves to feel confident and fashionable in their eyeglasses, regardless of budget. Whether it’s through bold…

Monocle Eyewear is a locally-owned eyewear store in downtown El Paso that offers exceptional customer service and premium quality eyewear at affordable prices. Their mission is to inspire self-expression and individuality through affordable eyewear. They believe everyone deserves to feel confident and fashionable in their eyeglasses, regardless of budget. Whether it’s through bold…

Giving Tuesday Client Spotlight: Wild Desert Beauty

Discover the essence of conscious beauty at Wild Desert Beauty, an eco-friendly salon dedicated to providing exceptional hair services and promoting a clean, non-toxic approach. Committed to the well-being of both people and the planet, the salon actively minimizes their environmental footprint through recycling, reduced waste, and the intentional use of environmentally friendly…

Discover the essence of conscious beauty at Wild Desert Beauty, an eco-friendly salon dedicated to providing exceptional hair services and promoting a clean, non-toxic approach. Committed to the well-being of both people and the planet, the salon actively minimizes their environmental footprint through recycling, reduced waste, and the intentional use of environmentally friendly…

Giving Tuesday Client Spotlight: Ardent Tech I.T. Solutions

Nestled in the community of Spring, TX, Ardent Tech I.T. Solutions stands out as a beacon of innovative technological solutions. Committed to exceeding client expectations, Ardent Tech builds robust IT infrastructure solutions. Jerome Smith is at the helm of Ardent Tech and has over a decade of experience in I.T. and tech repair. His…

Nestled in the community of Spring, TX, Ardent Tech I.T. Solutions stands out as a beacon of innovative technological solutions. Committed to exceeding client expectations, Ardent Tech builds robust IT infrastructure solutions. Jerome Smith is at the helm of Ardent Tech and has over a decade of experience in I.T. and tech repair. His…

Bank of America doubles support for Veteran Loan Fund to Aid Growth of Veteran-Led Small Businesses

Pioneering Fund to Grow to $100 million for Former Military Personnel   AUSTIN, TX – PeopleFund is honored to be one of twelve Community Development Financial Institutions (CDFIs) announcing the expansion of the Veteran Loan Fund, with Bank of America as the lead capital investor. Bank of America is seeding a second…

Pioneering Fund to Grow to $100 million for Former Military Personnel   AUSTIN, TX – PeopleFund is honored to be one of twelve Community Development Financial Institutions (CDFIs) announcing the expansion of the Veteran Loan Fund, with Bank of America as the lead capital investor. Bank of America is seeding a second…

Giving Tuesday Client Spotlight: Fajita Kings

Nestled in Temple, Texas, Fajita Kings stands out as a hub for diverse culinary experiences. Their menu caters to a broad range of preferences, from savory breakfast tacos to satisfying catering services with sizzling fajitas taking center stage. More than a restaurant, it’s a haven for those seeking Latin-inspired dishes, all-day breakfast…

Nestled in Temple, Texas, Fajita Kings stands out as a hub for diverse culinary experiences. Their menu caters to a broad range of preferences, from savory breakfast tacos to satisfying catering services with sizzling fajitas taking center stage. More than a restaurant, it’s a haven for those seeking Latin-inspired dishes, all-day breakfast…

PeopleFund receives historic grant from Truist Foundation

PeopleFund receives historic grant from Truist Foundation   Houston, Dec. 8, 2022 ─ Truist Foundation announced a $3.5 million grant to PeopleFund, a Texas-based Community Development Financial Institution (CDFI) and nonprofit 501(c)(3) that strives to create economic opportunity and financial stability for underserved people by providing access to capital, education and other resources…

PeopleFund receives historic grant from Truist Foundation   Houston, Dec. 8, 2022 ─ Truist Foundation announced a $3.5 million grant to PeopleFund, a Texas-based Community Development Financial Institution (CDFI) and nonprofit 501(c)(3) that strives to create economic opportunity and financial stability for underserved people by providing access to capital, education and other resources…

Veteran Loan Fund announces its first-year results, plans for second round of funding

The fund supporting Veteran-Owned Small Businesses expands   AUSTIN, Texas – The Veteran Loan Fund announced that in its first year of operations, its members have deployed more than $15 million across the country, helping 231 businesses create or retain close to 1,200 jobs. 60% of the business owners receiving financial and…

The fund supporting Veteran-Owned Small Businesses expands   AUSTIN, Texas – The Veteran Loan Fund announced that in its first year of operations, its members have deployed more than $15 million across the country, helping 231 businesses create or retain close to 1,200 jobs. 60% of the business owners receiving financial and…

PeopleFund announces new Chief Information and Operations Officer

PeopleFund announces new Chief Information and Operations Officer Laura Alatorre Kvalheim, accomplished fintech executive, joins Texas’ small business lender   Austin, Texas – PeopleFund is pleased to announce Laura Alatorre Kvalheim as the organization’s new Chief Information and Operations Officer. A seasoned financial services and technology executive, Ms. Kvalheim’s career includes positions…

PeopleFund announces new Chief Information and Operations Officer Laura Alatorre Kvalheim, accomplished fintech executive, joins Texas’ small business lender   Austin, Texas – PeopleFund is pleased to announce Laura Alatorre Kvalheim as the organization’s new Chief Information and Operations Officer. A seasoned financial services and technology executive, Ms. Kvalheim’s career includes positions…

$15 million Veteran Loan Fund closes its first round with support from Wells Fargo

$15 million Veteran Loan Fund closes its first round with support from Wells Fargo  Unprecedented initiative in support of veteran entrepreneurs gains momentum   AUSTIN, TEXAS – The Veteran Loan Fund announced today that it has raised $15 million in support of veteran-owned business, including seed funding from Wells Fargo. The Veteran…

$15 million Veteran Loan Fund closes its first round with support from Wells Fargo  Unprecedented initiative in support of veteran entrepreneurs gains momentum   AUSTIN, TEXAS – The Veteran Loan Fund announced today that it has raised $15 million in support of veteran-owned business, including seed funding from Wells Fargo. The Veteran…