Introducing EOC Employee Emergency Loan Program (eHELP)

Need financial assistance … but have nowhere and no one to turn to? eHELP is here for you!

Employees of EOC and its subsidiaries can now receive emergency financial relief through the new Employee Help Emergency Loan Program (eHELP).

eHELP offers affordable, low-interest emergency loans of up to one pay period’s net pay (up to $700) with monthly repayment through payroll deductions.

Maximum loan amount is one pay period’s net pay or $700, whichever is lower
Loan must be paid off within 12 months
9% fixed interest rate
$15 loan fee upon approval
There are no credit checks
No collateral needed

All borrowers will be required to attend a one-on-one Managing Personal Finances session with a Fresno CDFI-approved credit counseling partner.

Click here to submit an eHelp application.

Or walk-in to the office at 1900 Mariposa Mall, Suite 100 or call 559.263.1351.

Proposed Credit Union for Fresno County!

Fresno CDFI has realized a need for banking solutions for the people of Fresno County, and has determined a Credit Union to be the best solution to satisfy this need. A credit union is a non-profit financial organization that offers banking services, loan options, and financial education, to its members. What is unique about a credit union is that the members are the owners, and profit is returned to those members in the form of dividends on a monthly or annual basis. Due to the nature of a credit union, it is able to offer lower rates and more flexible terms to its members as well as provide them with the benefit of ownership in the company.

Are you a business-minded refugee or asylee?

Do you know a refugee or asylee who is ready to start or expand a business?

We can help!

business training including marketing, managing, accounting, etc.
business planning, preparation of financial and loan packets, business licenses and permits
referrals to other agencies or lenders that can assist your business
lending up to $15,000 to start or expand your business

Call Us Today!!!
(559)263-1351

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Fresno CDFI receives $605,000 to become a USDA Rural Micro-enterprise Re-lender

Fresno, CA - Fresno Community Development Financial Institution (Fresno CDFI), a subsidiary of Fresno County Economic Opportunities Commission (EOC), has received funding from the USDA Rural Microenterprise Assistance Program to assist micro and small businesses located in rural areas of the San Joaquin Valley. Loans of up to $50,000 will be available to qualifying businesses that have less than 10 employees and are located in an unincorporated area or a city with a population under 50,000.

Fresno CDFI - More Than Just a New Look

Borrower Sureewan Ly, Owner of SL Alterations & Design

Fresno CDFI has a new look and an expanding focus. Along with a new logo, and website, the lending agency has raised its lending limits and is aggressively expanding the types of businesses it serves.

Because the Institution began as a Fresno County EOC micro-loan program in 1994, most of its borrowers are minority small farmers who use funds to purchase equipment and operate their farms. However, this is changing.

“We realize that in these tough times, many sectors of the economy are in dire need of financing. We want to reach out and help them strengthen their businesses through financing and technical assistance.” Says Salam Nalia, Fresno CDFI CEO.

Sureewan Ly is the type of borrower Nalia is talking about. A seamstress who owns SL Alterations & Design, Ly applied for funds to expand her inventory and hire a part-time employee. Despite the recession, business remains strong for Ly. People are maintaining and repairing old clothes rather than buy new ones. She needed a helping hand to take her business to the next level.