Southern Good Faith Fund (SGFF) is a one-of-a-kind organization that is making a real impact in improving the incomes and assets of struggling Delta residents. SGFF began in 1988 as a microloan fund, modeled after that of Grameen Bank in Bangladesh. Over the years, its mission evolved to include a multi-faceted approach. SGFF realized that many Delta residents needed increased skills to compete for jobs that could support their families. Recent federal welfare reform legislation also inspired SGFF’s expansion into workforce development and a decision to start a policy program to increase the impact of its mission beyond direct service. Finally, toward the late 1990s, SGFF expanded its strategies for helping low income families reach financial security and growth by incorporating a focus on asset development.
SGFF now operates four programs: