Tap here to turn on desktop notifications to get the news sent straight to you.
CEO and Founder, Opportunity Fund
Eric Weaver founded Opportunity Fund in 1994, hoping to prove that small amounts of money and financial advice could help people make permanent and lasting change to improve their own lives. Under Eric’s leadership Opportunity Fund has grown to become the nation’s largest non-profit microlender to small businesses, with a loan portfolio under management that exceeds $80 million. Opportunity Fund is also a leading provider of microsavings accounts., and has also successfully deployed over $200 million in New Markets Tax Credit allocations. Eric is a leading advocate for programs that help low-income Americans gain access to economic opportunity.
As CEO, Eric is responsible for forging partnerships, attracting new investments, and ensuring Opportunity Fund’s social and financial return on investments in low-income communities. With a background as a community organizer and a business school degree, Eric leads a successful social enterprise which has invested over $500 million into the community and helped thousands of people improve their economic well-being.
Eric received the inaugural James Irvine Foundation Leadership Award for his innovative approach to eliminating poverty in California. He has an undergraduate degree from Harvard University and an MBA from the Stanford Graduate School of Business.