Being green is essential to the Capital Good Fund mission. We work to incorporate environmentalism into every aspect of our organization. We refuse to stand by as the state of our global environment worsens daily. We believe that the building of a green economy is one of the most powerful ways to combat poverty. We are invested in the development of a green economy through the creation of green jobs and the support of green industry.
Each of our loan programs has a green component. Our small business loan is largely intended to support the development of green businesses. Our borrowers have used our loans to create a green cleaning company, an organic soap business and more. Recipients of our citizenship loan are provided with information regarding ways to be environmentally conscious U.S. citizens: incorporating environmental practices into their lives and being environmental advocates when voting. Lastly, CGF’s DoubleGreen™ Loans provide borrowers with access to energy-efficient technologies that save them money and reduce their carbon footprint. The DoubleGreen™ Thermostat Loan covers the cost of installing programmable thermostats in the homes of borrowers. Similarly, the DoubleGreen™ Weatherization Loan enables borrowers to perform a full weatherization on their homes.
Overall the Capital Good Fund believes that microfinance and environmentalism go hand in hand – eradicating poverty and mitigating climate change at once.
