Money And Meaning

Scaling Responsible Innovation in Lending with Jacob Haar of Community Investment Management

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Synopsis

“Lending has the capacity to transform what people can do based on their capabilities and not necessarily based just on the opportunities that they’ve been dealt. If you believe, like I do, that capabilities are equally distributed but opportunities certainly are not, then lending can be a way to try to level the playing field a bit more.” This episode of Money and Meaning features Jacob Haar, the Co-Founder and Managing Partner of Community Investment Management (CIM). CIM is an institutional impact investment manager that provides debt capital to lenders who are doing innovative work in underserved communities. The CIM capital both helps these organizations scale up their lending practices to serve more customers and helps to bring responsible and transparent solutions for the underserved into the financial mainstream.