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Thank you, everyone.  I appreciate the rotary for the invitation to speak about economic racial inequity, and more importantly, how Rende Progress Cap...

Co-founder, Chair & Managing Director Eric Foster: Remarks to Grand Rapids Rotary

April 26, 2019

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RPC Co-founder receives expert certification

Eric K. Foster, Co-Founder, Managing Director and Portfolio Manager for Rende Progress Capital completed intensive course-work in Durham, NC in Fundamentals of the Opportunity Finance Industry and his Certificate in Community Development Finance.  Foster's course cohort included 40 established and emerging Community Development Financial Institution (CDFI) managers and bank officials throughout the country and abroad.

 

Bringing additional experience to CDFI management, Foster successfully completed learning in CAMEL (Capital, Asset Quality, Management, Earnings & Liquidity) Analysis, Capitalization, Impact Measurement & Evaluation, Lending Policies, Portfolio Management, Underwriting and other relevant Opportunity Finance Topics.  Foster will be utilizing these skills for the effective management, capital deployment and stewardship of a mission-driven CDFI that is intentional in creating economic equity, eliminating barriers Excluded Entrepreneurs face in loans and investments and eliminating the racial wealth-gap. 

 

 

 

 

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