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  • Rocky Mountain MicroFinance Institute (RMMFI) Rocky Mountain MicroFinance Institute (RMMFI)

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(39.73229,-105.00316)
 

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Mission Statement

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.

Description

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 11 years, RMMFI is proud to have:

  • Distributed $608,353 in 231 loans to low-income entrepreneurs with a 92% repayment rate
  • Graduated 30 classes of Business Launch Boot Camp with an 85% graduation rate, which resulted in the launch or expansion of 245 businesses in Denver and Aurora
  • Won the 2019 National Innovation Award from American Enterprise Institute (AEI)
  • Received the 2016 Small Nonprofit of the Year award from the Denver Metro Chamber of Commerce

Website

http://www.rmmfi.org

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Reviews

Average Review 1 reviews

Would you recommend Rocky Mountain MicroFinance Institute (RMMFI)?
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by Jean-Marc S. from Denver, CO (April 13, 2018)
I have gone through RMMFI's entrepreneurship program and on graduation night, a friend commented he had never felt so welcomed, by the staff, fellow volunteers, and the partners. There is a reason the same people come back year after to year to partner with RMMFI to give back to this community. I look forward to giving back myself.
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