March 31, 2015 (Aptos) – Community Foundation Santa Cruz County has made a $350,000 charitable investment loan to Opportunity Fund to support the development of new small business opportunities in the county.

The loan to Opportunity Fund provides capital for microloans to nonprofit and for-profit entrepreneurs in Santa Cruz County. The loan carries a 3% annual rate of interest, due to be repaid in full by 2020. (PDF)