The Cares Project Non-Profit Profile - aVenture Research
The Cares Project
CARes Project: Community-funded vehicle loans and financial skill-building provider.
8
Operating
2016
Winston-Salem, NC, US🇺🇸United States
The CARes Project, Inc. is a nonprofit social enterprise founded with the mission to promote financial independence through community-funded vehicle loans and financial skill-building. Certified as a Community Development Financial Institution by the U.S. Treasury, the organization serves low and moderate-income, credit-challenged working adults in Forsyth, Davie, and Davidson counties. Their core services include providing low-interest vehicle loans and offering financial and credit coaching to help individuals achieve economic stability.
As a United Way Agency Partner, The CARes Project has garnered support from notable community organizations and investors dedicated to social impact. The organization has achieved significant milestones, including helping numerous individuals secure reliable transportation for work and education, thereby enhancing their financial independence. Their impactful work has contributed to the economic empowerment of underserved communities, demonstrating a sustainable model for social enterprise and community development.
Quick Facts
When was The Cares Project's last funding round?
The Cares Project's most recent funding round was for $500k (USD) in April 2023.
How much disclosed funding has The Cares Project raised?
As of Apr 10, 2023, The Cares Project has disclosed funding of $500k (USD).