LISC AmeriCorps Economic Mobility Corps Micrentrepreneur Coach
Fondo Adelante CDFI at Mission Economic Development Agency (MEDA)
Background
Fondo Adelante (Mission Community Loan Fund LLC) is a unique Community Development Financial Institution (CDFI) loan fund founded by Mission Economic Development Agency (MEDA) in 2015. The Mission Economic Development Agency (MEDA) is a community-based, local economic development organization that, for over 45 years, has engaged individuals and small businesses in community-building strategies. Our mission is to achieve economic justice for San Francisco’s low and moderate-income Latino families through asset development.
Fondo Adelante makes small business loans to Latino and low-income microentrepreneurs, prioritizing San Francisco’s historic Mission District and the Latino immigrant community throughout the Bay Area. We have lent more than $10M to small businesses and provided 1:1 assistance to help small businesses access more than $6M in grants from the California Relief Fund, Restaurant Revitalization Fund, PPP, the SF Women’s Entrepreneurship Fund, and a large grant fund for undocumented micro-entrepreneurs.
Fondo’s Business Development Team is supported by the City of San Francisco’s Office of Employment and Workforce Development to be the lead organization providing Spanish-language coaching and workshops to small business owners citywide. Our innovative and community-focused Business Development Program provides a range of outreach, workshops, and 1:1 coaching in Spanish and English to help people successfully become self-employed and enables small businesses stabilize operations, stay in the Mission, market to increase clientele and revenue, create jobs, and grow. We do this through collaboration with the SF Latino Task Force Small Business Committee and the California Small Business Coalition for Racial Justice in lending, and active partnerships with other nonprofits and lenders regionwide.
Opportunity
DEADLINE TO APPLY: MAY 1ST, 2022: interviews can begin earlier, as soon as you apply
Join us Fondo Adelante CDFI as a one-year Microentrepreneur Coach through the AmeriCorps Economic Mobility Corps (EMC) program. You will report to our Associate Director of Business Development Programming.
Fondo Adelante has partnered with the Local Initiative Support Corporation (LISC) on a new national service program to provide financial literacy, financial planning, budgeting, saving, and other financial counseling education to small business clients — all with an eye toward addressing persistent poverty and helping microentrepreneurs build a stronger future. Fondo Adelante is recruiting a full-time Economic Mobility Corps (EMC) AmeriCorps member to serve as a Financial Coach with us at Mission Economic Development Agency.
You will work day-to-day with the full Fondo Adelante lending and business development program team, as well as have dedicated opportunities to build relationships and skills across MEDA’s departments, including the Asset Building Program, Mission Promise Neighborhood, Community Real Estate, and Evaluation programs. You will also be a valued participant in the collaboration work we do with city task forces, statewide coalitions, and external partners in order to build your network and experience across asset building, micro-entrepreneurship, and CDFIs.
Member Benefits
This is an AmeriCorps Economic Mobility Corps position sponsored by the Local Initiatives Support Corporation (LISC), with the term lasting 1 year. Compensation and benefits are paid and provided by LISC, and include:
- Full time member will serve 1700 hours & term of 12 months, beginning between April-June 2022
- $20,000 stipend payable in 24 equal installments over a 12-month period paid directly by LISC
- Eligibility for a 100% premium-paid Bronze level health care benefit
- A child care benefit if the member is the primary care giver of a child aged 13 and under
- $6,345 education award to return to school or pay off student loan debt upon successful program completion
- CDFI 101 and Credit as an Asset Certificate, as well as training in financial coaching and small business coaching during the program
- Monthly virtual networking meetings with LISC and AmeriCorps EMC members nationwide
Key Job Responsibilities
Community Outreach
- Support development and execution of Spanish and English marketing strategies to recruit new clients to Fondo’s services
Conduct community outreach and recruitment of new clients to Fondo’s microentrepreneur services and programs; assist or conduct one-on-one or group orientation sessions for new program clients - Help plan and implement citywide events, such as Latino Small Business Week
- Participate in partnership activities, including the citywide Latino Task Force
Provide one-on-one coaching to Business Development Program clients – individuals who are setting achieving goals unique to self-employed individuals and small business owners
- Assist clients in assessing and resolving current financial challenges, while providing a wide lens on their financial health to shift the approach to proactive financial management
- Develop plans of action and provide tools, resources, and promote accountability to clients to help them meet their goals
- Conduct follow-ups with program clients to help them stay engaged to achieve their goals
- Understand and collaborate with colleagues providing other services offered by MEDA
Workshop and Training Delivery
- Develop workshop materials or tailor existing materials to meet the needs of the community.
- Schedule and deliver workshops and trainings, including access to capital workshops
- Collaborate with partners to expand our clients’ knowledge of and access to partners’ resources
Evaluation and Communications
- Work with our Business Development Program team, Fondo Adelante CDFI’s lending team, and MEDA’s Evaluation department to design, implement, analyze, and communicate surveys about the financial coaching needs and opportunities among our community’s self-employed workers and small business owners.
- Write brief client success stories for publication on MEDA’s blog and internal reports
Qualifications
- Bilingual Spanish/English required
- Desire and commitment to support the Mission District’s Latino immigrant community
- Experience with public speaking and delivering workshops is preferred, but not required – if no prior experience, demonstrated ability to learn and quickly improve this skill
- Skilled at working and communicating effectively in a multi-cultural environment
- Ability to multi-task, prioritize duties, and manage time effectively
- Excellent verbal and written communication skills
- Demonstrated success working and communicating effectively in a multi-cultural environment.
- Proven ability to contribute both independently and as a key team member
- Be fully vaccinated against covid-19, including booster
Working Environment
MEDA currently operates with a hybrid work environment. Staff are required to work in our Mission District headquarters, Plaza Adelante, at least 3 days per week (with the other 2 days possible for work-from-home, depending on supervisor’s approval and staffing needs). It is a standard office work environment, including occasional local travel to community-based partners. Virtual work with clients also to be expected depending on local ordinances and regulations related to COVID-19 spread.
COVID-19 Vaccination Requirement: In accordance with MEDA’s duty to provide and maintain a workplace that is free of known hazards and our commitment to safeguard the health of our employees, clients, and communities, MEDA requires candidates who are selected for interview to furnish proof of vaccination (including booster) against COVID-19 in order to be considered for this position.
Commitment to Diversity and Inclusivity: MEDA is committed to building a diverse organization and a climate of inclusivity. We strongly encourage applications from candidates who can demonstrate that they can contribute to this goal.
Equal Opportunity Employer: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
TO APPLY:
Click on the following link and complete the application form.
https://medasf.bamboohr.com/jobs/view.php?id=92
