CEF Hits the Road: Lend for America Summit

 

Olivia, Emerson, and Chiraayu

By Olivia & Chiraayu

Over the weekend of October 10th to 12th, five brave CEF-ers took a fateful journey into the heart of Pennsylvania to meet some of their institutional role models. After seven hours in the car together (during which Chiraayu caught up on lots of sleep, Jon caught up on lots of Bo-Berry biscuits, and Emerson, Maggie, and Olivia engaged in enriching conversation) the group of five arrived first in Lancaster, the charming town that TABOR calls home.

TABOR is a non-profit organization that has been working in the Lancaster community for several decades, performing many functions such as financial education, housing assistance, and saving services. CEF has had its eye on TABOR for a few years now, primarily because of their well-developed and successful protective payee system and IDA savings program. The kind employees at TABOR gave us a behind-the-scenes tour of their facilities, shared their philosophy with us, and more than anything else, provided us with a concrete vision of what a young organization like CEF can become.

Following an afternoon in Lancaster, we headed north to the University of Pennsylvania in Philadelphia to attend the annual Lend for America Summit, where we had the opportunity to engage with fellow campus-based microfinance organizations. This year’s summit brought over 200 people from 53 universities across 26 states. Lend for America was started in 2010 to provide more support to students practicing microfinance and community development. CEF was one of the original members of Lend for America and sends students to present and collaborate with fellow students at each yearly gathering. This year, Emerson and Jon gave a presentation titled “Unbanked in America, while Maggie discussed community assets as an integral component of community development. Jon also had the opportunity to talk to tech nerds about Salesforce.

Maggie Jon

 

The weekend involved as much learning as it did teaching. We had the opportunity to learn from our peers from universities like Fordham, Yale, and Tulane about recruitment, retention, taxes (getting excited about them!), and organizational identity. The conference gave us the chance to connect with other students from the South and develop greater potential for collaboration. We loved conversations with students from UNC Greensboro and Elon, who are looking to start their own community development organizations, as well as with University of Alabama representatives who have a well-established MFI. There were many chances for reflection on CEF’s direction for the future and new programs that align with our mission.

Furthermore, we had the chance to reunite with CEF’s 2012 summer intern, Peter Woo, who has since started a campus microfinance initiative at Notre Dame. We’re pleased to report that Peter seems to be doing splendidly, and JIFFI (Jubilee Initiative for Financial Inclusion) is off to an excellent start. (And what would a conference be without good food? The food was dope. A huge shout out to the delicious cupcakes, soft pretzels, pizza, and wings that were enjoyed this weekend!)

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CEF: Community Empowerment Fund

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