Rocky Mountain MicroFinance Institute
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Brief information
Company type Direct Employer
Website address http://www.rmmfi.org

RMMFI is a community creating economic and social mobility through entrepreneurship. RMMFI helps curious people transform into serious entrepreneurs through personal, business, and financial investments.

As a Community Development Financial Institution with over 10 years of experience, RMMFI has supported Denver’s under-resourced entrepreneurs with business development, personal capacity-building, and lending. RMMFI focuses on the "whole entrepreneur" and uses business ownership as a tool for socioeconomic mobility.

In 11 years, RMMFI is proud to have:

  • Distributed $537,925 in 217 loans to low-income entrepreneurs, with a 95% repayment rate
  • Graduated 26 classes of Business Launch Boot Camp with an 88% graduation rate, which resulted in the launch or expansion of 219 businesses in Denver and Aurora
  • Become a certified Community Development Financial Institution (CDFI) from the U.S. Treasury
  • Won the 2019 National Innovation Award from American Enterprise Institute (AEI)
  • Been named a 2013, 2018, & 2019 Top Company Finalist (Nonprofit) by COBiz Magazine
  • Won the 2011, 2012, 2014, 2015, 2016 & 2018 Right on the Money Award from CUA
  • Received the 2016 Small Nonprofit of the Year award from the Denver Metro Chamber of Commerce
  • Won the 2011 Colorado Innovation in Philanthropy Award from Bank of the West
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