Established by the Women’s Opportunities Resource Center (WORC) in response to the challenges its graduates experienced obtaining start-up capital, the Economic Opportunities Fund (EOF) is a CDFI focused on providing capital to low-income and underserved populations in the Philadelphia metropolitan area. To ensure its borrowers’ financial success, EOF offers a range of support services including post-loan technical assistance and tax credit preparation. Since its inception in 1999, EOF has made more than 350 loans, totaling over $1.2 million, that are credited with creating and retaining several hundred jobs.
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