The Community Honor Fund seeks to financially empower University of Virginia employees, University of Virginia-affiliated employees, and other persons in the Charlottesville community through the student-led provision of short term affordable capital and personalized financial education programs. As an organization we have three main objectives. First, we aim to strengthen the financial position of Charlottesville workers through a personalized, student-led approach. Second, we seek to leverage University resources, student flexibility, and a culture of trust to offer competitive, short term financial solutions. Finally, we aim to foster University wide student/client relationships to build a stronger community and relieve asset poverty. Ultimately, we want to disrupt the sizable predatory lending industry in Charlottesville by providing a more affordable alternative to traditional low income lenders, such as payday and title lenders.
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