PeopleFund Blog

Dec 212021

PeopleFund receives Financial Assistance Award from U.S. Department of Treasury

in Accomplishments & Awards, Announcements, Press Releases, Small Business

PeopleFund is thrilled to announce that it has been selected as a 2021 CDFI Financial Assistance awardee by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI). This generous $676,000 award will allow the organization to further expand its lending and education services in underserved communities across Texas. Over…

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PeopleFund is thrilled to announce that it has been selected as a 2021 CDFI Financial Assistance awardee by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI). This generous $676,000 award will allow the organization to further expand its lending and education services in underserved communities across Texas. Over…

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Nov 192021

PeopleFund Expanding to East Texas with Grant from T.L.L. Temple Foundation

in Announcements, In the News, Press Releases

PeopleFund, one of two CDFIs, was selected to receive a generous grant from T.L.L. Temple Foundation to expand its services and resources to East Texas. PeopleFund is actively committed to empowering economically underserved and rural populations across Texas. Having recently received an award from the U.S. Economic Development Administration to provide loans…

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PeopleFund, one of two CDFIs, was selected to receive a generous grant from T.L.L. Temple Foundation to expand its services and resources to East Texas. PeopleFund is actively committed to empowering economically underserved and rural populations across Texas. Having recently received an award from the U.S. Economic Development Administration to provide loans…

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Oct 152021

Hispanic Heritage Month Employee Spotlight: Martha Victoria Valdez

in Small Business

During this year’s Hispanic Heritage Month, PeopleFund is proud to feature our very own Martha Victoria Valdez, Senior Economic Development Officer of South Texas. Martha was born and raised in Laredo. Growing up, she spent a lot of time with her grandmother, Julia, originally from Juarez, Chihuahua, who taught Martha how to make many traditional Mexican dishes such as…

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During this year’s Hispanic Heritage Month, PeopleFund is proud to feature our very own Martha Victoria Valdez, Senior Economic Development Officer of South Texas. Martha was born and raised in Laredo. Growing up, she spent a lot of time with her grandmother, Julia, originally from Juarez, Chihuahua, who taught Martha how to make many traditional Mexican dishes such as…

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Oct 112021

Hispanic Heritage Month Client Spotlight: John Zapata, Speed Junction Xpress Auto Care

in Client Success, Small Business

Speed Junction Xpress Auto Care, one of the first mobile quick lube companies in the Houston/Baytown area, revved their engine up for the first time earlier this year. Owner, John Zapata, started this business venture after the impact from the COVID-19 pandemic forced him to resign from the small car dealership and…

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Speed Junction Xpress Auto Care, one of the first mobile quick lube companies in the Houston/Baytown area, revved their engine up for the first time earlier this year. Owner, John Zapata, started this business venture after the impact from the COVID-19 pandemic forced him to resign from the small car dealership and…

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Oct 72021

BIPOC Small Business Accelerator

in Press Releases, Small Business

PeopleFund proudly announces launching our Black, Indigenous, and People of Color (BIPOC) Small Business Accelerator. Our new signature initiative strategically aims to meet diverse community needs that have been compounded by the COVID-19 pandemic, which has disproportionately impacted small businesses and people of color. We are thrilled to launch our first cohorts…

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PeopleFund proudly announces launching our Black, Indigenous, and People of Color (BIPOC) Small Business Accelerator. Our new signature initiative strategically aims to meet diverse community needs that have been compounded by the COVID-19 pandemic, which has disproportionately impacted small businesses and people of color. We are thrilled to launch our first cohorts…

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Apr 292021

Client Highlight: Invictus Martial Arts

in Client Success, Small Business

Our clients, Selynda Garza and Dave Hackbarth shared the story of their business, Invictus Martial Arts. Read their story below: “Through a shared passion for martial arts and a holistic view of life, we became quick friends and collaborated on several events and training opportunities together. In late 2017, we had a…

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Our clients, Selynda Garza and Dave Hackbarth shared the story of their business, Invictus Martial Arts. Read their story below: “Through a shared passion for martial arts and a holistic view of life, we became quick friends and collaborated on several events and training opportunities together. In late 2017, we had a…

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Mar 32021

National and Local Community Lenders Announce Multi-Million Dollar Fund to Support Small Business and Nonprofit Recovery Across the South

in Announcements, Press Releases, Small Business Resources

The Southern Opportunity and Resilience (SOAR) Fund aims to support the recovery of small businesses and nonprofits with access to flexible, affordable capital and free business support services across 15 southern states  March 3, 2021 – A diverse group of community finance organizations, including PeopleFund, announced the Southern Opportunity and Resilience (SOAR)…

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The Southern Opportunity and Resilience (SOAR) Fund aims to support the recovery of small businesses and nonprofits with access to flexible, affordable capital and free business support services across 15 southern states  March 3, 2021 – A diverse group of community finance organizations, including PeopleFund, announced the Southern Opportunity and Resilience (SOAR)…

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Dec 12020

Client Highlight: Industrial Solutions

in Client Success, Small Business

Our client, Barbara Oldums of Industrial Solutions shared the story of her business, Industrial Solutions. Read her story below: “We started Industrial Solutions in 2011, it’s our 9th year of business. We are a wholesale distributor of safety and janitorial supplies. We have multibillion-dollar competitors, so we found that good customer service…

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Our client, Barbara Oldums of Industrial Solutions shared the story of her business, Industrial Solutions. Read her story below: “We started Industrial Solutions in 2011, it’s our 9th year of business. We are a wholesale distributor of safety and janitorial supplies. We have multibillion-dollar competitors, so we found that good customer service…

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Oct 262020

PeopleFund Helps Over 130 Small Businesses Thanks to Grant from Truist

in Accomplishments & Awards, Announcements, Press Releases

For immediate release on October 26, 2020. PeopleFund, with a generous grant from Truist Financial Corporation, provided grants to businesses with less than 10 employees. Participants who received grants had credit or cash flow problems that prevented them from getting financial assistance through other avenues. The grant is part of the financial…

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For immediate release on October 26, 2020. PeopleFund, with a generous grant from Truist Financial Corporation, provided grants to businesses with less than 10 employees. Participants who received grants had credit or cash flow problems that prevented them from getting financial assistance through other avenues. The grant is part of the financial…

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Jun 172020

OFN Announces PeopleFund Receives Grow With Google Small Business Fund Loan and Google.org Grant to Help Small Businesses Recover From COVID-19

in Accomplishments & Awards, Announcements, Press Releases

Opportunity Finance Network has awarded PeopleFund a $1,500,000 loan and a $125,000 unrestricted grant to help support the CDFI’s minority and women-owned business borrowers Today, Opportunity Finance Network (OFN) announced that PeopleFund was one of four CDFIs in the first round of Grow with Google Small Business Fund loans and grants from…

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Opportunity Finance Network has awarded PeopleFund a $1,500,000 loan and a $125,000 unrestricted grant to help support the CDFI’s minority and women-owned business borrowers Today, Opportunity Finance Network (OFN) announced that PeopleFund was one of four CDFIs in the first round of Grow with Google Small Business Fund loans and grants from…

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