30th anniversary celebration

power luncheon 2023

RISE: The Reunion, The Resurgence!

Wednesday, March 29, 2023

We are pleased to invite you to help celebrate our 30^th Anniversary at Power Luncheon 2023 on behalf of RISE Financial Pathways Board of Directors and Staff! With excitement, we announce this year’s return to one of L.A.’s hottest Downtown Destination’s… The City Club!

click here for tickets and more info

Celebrating 30 years!

Reach. Invest. Succeed. Earn. (RISE) Financial Pathways is a non-profit organization offering comprehensive and innovative ways to build wealth for historically underserved residents and small business owners. We serve low-moderate income communities throughout L.A. County.

Since 1992

RISE strengthens neighborhoods

Its programs have resulted in over $15 million in economic activity and the retention and creation of thousands of jobs. The transformative power of RISE’s services – combined with its clients’ enterprise and hard work – improves the financial standing of individuals, launches and sustains small businesses, and generates economic activity that strengthens entire neighborhoods.

DONATE AND SUPPORT SMALL BUSINESSES IN SOUTH LA

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About Us

Serving the Community Since 1993

RISE (Reach. Invest. Succeed. Earn.) Financial Pathways, formerly known as Community Financial Resource Center (CFRC) is a non-profit Community Development Financial Institution (CDFI) offering comprehensive and innovative ways to build wealth for historically underserved residents and small business owners in South L.A. and across L.A. County. The organization provides commercial lending opportunities- including microloans, peer lending, and small business loans – along with business training, asset development programs, and banking programs. CFRC has served nearly 100,000 low-income clients since its inception in 1992. Its programs have resulted in nearly $14 million in economic activity and the retention and creation of thousands of jobs. The transformative power of CFRC’s services – combined with its clients’ enterprise and hard work – improves the financial standing of individuals, launches and sustains small businesses, and generates economic activity that strengthens entire neighborhoods.

History

RISE opened its doors to the community in March 1993 as Los Angeles’ first public-private partnership. It was designed as a collaborative effort of 34 local banks, the City of Los Angeles, and community leaders, to respond to the dismal community reinvestment activity in South Central Los Angeles. Following nearly two years of community hearings and planning, RISE was incorporated to meet the economic development challenges and capacity building needs of Los Angeles’ low-income neighborhoods.

To date, RISE and its service providers directly influenced economic development in Los Angeles County by assisting nearly100,000 residents and contributing over $14 million to the local economy through its fundraising, lending, and program development efforts. RISE’s economic impact is reflected in the 3,421 jobs created/retained through RISE programs, which results in approximately $119,735,000* invested back into the community.

*Figure based on the U.S. Housing & Urban Development’s formula – $35,000 investment/jobs created.

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Small Business Programs + Lending

The organization provides commercial lending opportunities– including microloans, peer lending, and small business loans – along with business training, asset development programs, and banking programs. R.I.S.E. Financial Pathways has served nearly 100,000 low-income clients since its inception in 1992. Its programs have resulted in nearly $14 million in economic activity and the retention and creation of thousands of jobs. The transformative power of R.I.S.E.’s services – combined with its clients’ enterprise and hard work – improves the financial standing of individuals, launches and sustains small businesses, and generates economic activity that strengthens entire neighborhoods.

R.I.S.E. targets low to moderate-income residents and businesses in economically distressed urban communities. In total, the County covers a territory of 500 square miles and is home to over 9,600,000 residents. The largest metropolitan region in the United States, Los Angeles County contains approximately 88 cities, making it the single most populous local government entity. Metropolitan Los Angeles continues to grow in ethnic diversity – with one-third of Angelinos born outside of the United States. Today, Los Angeles is home to 4.2 million Latinos, 1.1 million Asians, and nearly 1 million African Americans. As the metropolitan area is rapidly diversifying, it is becoming characterized as a series of ethnic enclaves.

Find additional resources to help your small business succeed by checking the Small Business Administration.

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Financial Education + Empowerment

RISE offers a variety of basic financial education classes on-site and at its partner agencies to assist individuals and families with making the most of their resources. Courses include budgeting, credit management & repair, basic banking, as well as socially responsible living.

Our financial education programming has been one of the organization’s most popular initiatives, among both clients and organization/financial institution partners. Designed to be portable, scalable, and agile, RISE’s unique brand of financial education introduces participants to an ecosystem that includes workshops, one-on-one counseling, training, access to financial resources (such as IDA, savings accounts, and lending circles), and supportive social services & resources offered directly from our community partners. This ensures that our program meets families where they are in their “financial wellness” lifecycle and efficiently addresses their most highest priority needs.

To learn more about the new strategic changes planned for our financial education programming, please visit 2021 and Beyond.

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Contact Us

RISE Financial Pathways

6709 La Tijera Boulevard, Suite 434 Los Angeles, CA 90045 Street

Los Angeles, CA 90017

o | 323.233.1900