Hoosier Social Impact Fund

Mission: The Hoosier Social Impact Fund's mission is to empower sustainable economic development through access to affordable capital and financial education both domestically and internationally. History: In January 2014, two faculty members at the Kelley School of Business, the co-directors of the Kelley Institute for Social Impact, four graduate students, and 23 undergraduate students embarked on an experimental course at IU's Kelley School of Business entitled Kelley LEADS (Law, Ethics, And Decision-making Strategies). The course goal was to plan, create, and begin operating a community development financial institution (CDFI) to promote sustainable economic development in local communities. The Hoosier Social Impact Fund (HSIF) is the result of those efforts. HSIF is a non-profit community loan fund that seeks to promote sustainable economic development by providing access to business capital and providing business education, training, and consulting services to underserved populations that do not have access to traditional sources of capital or business support.