The Ripple Initiative

The Ripple Initiative logo

Raising Impact for People & the Planet with Leveraged Efforts

The RIPPLE Initiative

Clearinghouse CDFI is proud to announce the new RIPPLE Initiative. RIPPLE, which stands for “Raising Impact for People and the Planet with Leveraged Efforts,” focuses on increasing beneficial impacts through lending.

As a B Corp, we consider community impact an important aspect of every decision. This includes our own impact and that of our borrowers.


Take the Quick Impact Assessment:

Take the Quick Impact Assessment (QIA) now:

Our Goal

We seek to incentivize all of our for-profit borrowers to measure and improve their own community, governance, environmental, and workforce impacts through the RIPPLE Initiative. Our goal is to create more positive impact ripples through the community development projects we finance in CA, NV, AZ, NM, and Sovereign Nations in the Western United States.

Program Details

  • Who is eligible?
    For-profit borrowers applying for a loan from July 1, 2017 through June 30, 2018
  • What do participants have to do?
    Take the Quick Impact Assessment (QIA) twice: Prior to funding; Again one year later; Make Improvements in between assessments.
  • What is the QIA and how do you take it?
    The QIA is like the B Corp assessment, but much shorter! It allows for comparison to thousands of other businesses. It is taken online and requires 30 minutes to complete. Scores are tallied by the number of below average, average, and above average answers.
  • Why should for-profit borrowers participate?
    Participants will receive a 50% reimbursement of their application fee ($600).
  • When will for-profit borrowers receive the 50% reimbursement?
    Reimbursement will be dispersed upon successful completion and submission of both QIA results to Clearinghouse CDFI, subject to compliance with loan covenants and submission of financial statements.
  • What are the Incentives to Improve?
    Participants choose the areas they wish to improve. A raffle drawing will be held at the end of the second year:
    1 raffle ticket = every below average answer that improves to an average rating
    2 raffle tickets = every average answer that improves to an above average rating

Thank You

Thank you to our 2017 Annual Sponsors for helping to make the RIPPLE Initiative possible: Banc of California, US Bank, BBVA Compass, and First Bank. Your incredibly generous contributions will help bring more positive impacts to the communities we serve.


Feel free to reach out with any questions regarding the Ripple Initiative or the Quick Impact Assessment. Contact: Mai Nguyen, Impact Manager at (949) 334-2826,