Credit Building and Financial Education for Entrepreneurs

The Business Ownership Initiative (BOI), an initiative of the Economic Opportunities Program, works to build understanding and strengthen the role of business ownership as an economic opportunity strategy.

We work closely with micro- and small business practitioners and the institutions that invest in them around the US to build knowledge and strengthen practice by exploring innovation, conducting research, evaluating new ideas, and supporting leaders. The initiative houses EOP’s longstanding work to support the US microenterprise development industry. BOI also serves as a resource to donors and investors interested in microenterprise in the United States.

Asset Building through Credit – Episode 3: Our “Aha” Moments about Costs
Videos

Asset Building through Credit – Episode 3: Our “Aha” Moments about Costs

We examine the costs that microenterprise organizations took on in the pilot program and how they could reduce costs in the long-term.

Asset Building through Credit – Episode 2: Defining Deep Customer Problems
Videos

Asset Building through Credit – Episode 2: Defining Deep Customer Problems

We explain how microenterprise programs can go from a general idea of how they help their customers to a specific and clear understanding of their secured card customer needs.

Asset Building through Credit – Episode 1: Intro to the Lean Canvas
Videos

Asset Building through Credit – Episode 1: Intro to the Lean Canvas

We explain what the Lean Canvas is and how it can help microenterprise organizations develop a successful business model for their secured card program.

Building a Sustainable Business Model
Publications

Building a Sustainable Business Model

The third and final publication from the Asset Building through Credit pilot explores how to sustain delivery of a secured credit card teamed with credit coaching.

Asset Building through Credit Pilot: Credit Scores & Financial Capability
Videos

Asset Building through Credit Pilot: Credit Scores & Financial Capability

The webinar offers practical lessons for practitioners, funders, and others interested in moving the needle on financial capability.

Client Gains in Credit Scores and Financial Capability
Publications

Client Gains in Credit Scores and Financial Capability

The second publication in this series highlighting the findings from the Asset Building through Credit Pilot details the outcomes of 385 secured cardholders in terms of credit scores and financial behaviors.

Asset Building through Credit – Credit Scores + Financial Behavior
Publications

Asset Building through Credit – Credit Scores + Financial Behavior

Outcomes on credit scores and financial behaviors of microentrepreneurs who used a secured credit card.

Asset Building through Credit Pilot: Initial Findings
Videos

Asset Building through Credit Pilot: Initial Findings

This webinar highlights the initial findings report from the Asset Building through Credit Pilot.

Asset Building through Credit Pilot
Publications

Asset Building through Credit Pilot

This paper presents the first set of findings from the Asset Building through Credit Pilot program, a demonstration that explored the use of secured credit card, teamed with credit coaching, as a tool to help entrepreneurs to build their credit.

Building Businesses by Building Credit
Publications

Building Businesses by Building Credit

With the continued challenge of poor credit quality stemming from the financial crisis, many organizations have looked to new approaches to serve clients who want to grow or start a business but are hampered by poor or nonexistent credit.

Building Financial Skills for Business Success: A Case Study of the Latino Economic Development Corporation
Publications

Building Financial Skills for Business Success: A Case Study of the Latino Economic Development Corporation

In this case study, FIELD highlights the work of DC-based Latino Economic Development Corporation (LEDC).

Financial Literacy and Credit-building Services among Microenterprise Development Organizations 
Publications

Financial Literacy and Credit-building Services among Microenterprise Development Organizations 

From the inception of the microenterprise field in the United States, practitioners have recognized that strong financial management skills are a critical ingredient for business success.

About the Business Ownership Initiative

The Business Ownership Initiative, an initiative of the Economic Opportunities Program, works to build understanding and strengthen the role of business ownership as an economic opportunity strategy.

About the Economic Opportunities Program

The Aspen Institute Economic Opportunities Program advances strategies, policies, and ideas to help low- and moderate-income people thrive in a changing economy.

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More from the Business Ownership Initiative

Metrics that Matter: Improving Financial Analysis of CDFI Small Business Lenders
Podcasts Videos

Metrics that Matter: Improving Financial Analysis of CDFI Small Business Lenders

This is the final event in our Job Quality in Practice series. In this conversation, hosted by the Aspen Institute Economic Opportunities Program on May 7, 2026, we hear from the Institute’s Job Quality Fellows who are embedding job quality into their work across a range of contexts and strategies — from employee ownership models that give workers a direct financial stake in their company’s success, to apprenticeship programs that create structured pathways to higher-wage careers, to worker advisory committees that bring employee voice into business decision-making.

From Crisis to Continuity: Optimizing CDFI Capital and Partnerships for Natural Disaster Response
Publications

From Crisis to Continuity: Optimizing CDFI Capital and Partnerships for Natural Disaster Response

Traditional emergency aid through SBA or FEMA takes time, and lower-income communities often face significant approval hurdles. Speed is essential to business survival.

The New Era of Small Business Finance: Access, AI, and Accountability (Highlight reel)
Videos

The New Era of Small Business Finance: Access, AI, and Accountability (Highlight reel)

VIDEO — Highlight reel from “The New Era of Small Business Finance: Access, AI, and Accountability,” a forum hosted by the Aspen Institute’s Business Ownership Initiative and the Responsible Business Lending Coalition on March 5, 2026.

The Changing Role of Small Business Ownership
Videos

The Changing Role of Small Business Ownership

VIDEO — This discussion is the first of three that took place as part of “The New Era of Small Business Finance: Access, AI, and Accountability,” a forum hosted by the Aspen Institute’s Business Ownership Initiative and the Responsible Business Lending Coalition on March 5, 2026.

Main Street Challenges and Policy Solutions
Videos

Main Street Challenges and Policy Solutions

VIDEO — This discussion is the third of three that took place as part of “The New Era of Small Business Finance: Access, AI, and Accountability,” a forum hosted by the Aspen Institute’s Business Ownership Initiative and the Responsible Business Lending Coalition on March 5, 2026.

Innovations Driving Small Business Lending Forward: It’s Not All About AI
Videos

Innovations Driving Small Business Lending Forward: It’s Not All About AI

VIDEO — This discussion is the second of three that took place as part of “The New Era of Small Business Finance: Access, AI, and Accountability,” a forum hosted by the Aspen Institute’s Business Ownership Initiative and the Responsible Business Lending Coalition on March 5, 2026.

To Help Small Businesses Recover From the L.A. Fires, Invest in Community Lenders
Blog Posts

To Help Small Businesses Recover From the L.A. Fires, Invest in Community Lenders

Nonprofit lenders often deploy funds faster than the government but need more capital to meet demand.

Integrating a Job Quality Practice in Community Development Financial Institutions (CDFIs): A Q&A
Publications

Integrating a Job Quality Practice in Community Development Financial Institutions (CDFIs): A Q&A

This Q&A provides insights and lessons from the work of 11 CDFIs that participated in Shared Success, a job quality demonstration led by the Aspen Institute Economic Opportunities Program (EOP).