Self-Help Ventures Fund Note

United States of America

Last updated 12 May 2020, by Impactyield.

Edit this fund

The Self-Help Note is offered by Self-Help Ventures Fund (SHVF), a nonprofit 501(c)(3)development finance organization. SHVF is funded with loans, investments and grants from banks, foundations, insurance companies, investment banks, religious organizations, corporations, and government sources. It operates three programs: business and community facility lending; community real estate development; and an affordable home loan programs. The fund manages a portfolio of approximately $940 million in loans and real estate investments. Self-Help Ventures Fund’s primary markets are in the U.S. South and California with certain products available nationally. It is certified by the U.S. Department of Treasury as a Community Development Financial Institution.

The Self-Help Note product enables investors to invest in an intermediary that finances community projects that don't have access to conventional credit. With a minimum investment of $2 million, the Notes are most suitable for institutional investors. Self-Help Ventures Fund has offered these Notes since 1986 and has a perfect repayment record. Notes have been purchased by commercial banks, foundations, investment banks, universities, pension funds, insurance companies, mutual funds and federal government agencies.

Asset class

Fund style

Not listed

Financial description

Self-Help Notes are senior, unsecured, and are not insured by the federal government. Self-Help Ventures Fund provides full recourse to Note holders. The terms of the Notes vary from year to year, and depend on the interest in the purchaser. Lower interest rates and longer terms help Self-Help deepen its impact. Generally, the terms and interest rates are as follows:
Variable Rate Notes: 5 to 15 year maturities; interest rate equal to 3-month LIBOR plus 1.50%
Fixed Rate Notes: 5 to 15 year maturities; interest rate equal to 5 to 15 year swap rate plus 1.50%

37 years

of track record


the year funded



Asset manager

SDG goals

SDG targets

Equal rights to ownership basic services technology and economic resources

Safe and affordable housing

Free primary and secondary education

Increase aid for trade support

Develop sustainable, resilient and inclusive infrastructures

Increase access to financial services and markets

Key performance indicators

Fund overview

Asset manager: Self-Help

Product track record: Fund has 37 years of track record

Target IRR: n.a.

Committed Capital: n.a.

Target return category: Risk-adjusted market-rate of return Below risk-adjusted market-rate of return

Fund domicile:

Product status:


Inception year: 1986

Vintage year: 1984

Target region: , , ,

Target close date: n.a.

Product term: 5 to 15 years

Assets under management: n.a.

Investment size: Min: 25,000; Max: 20,000,000; Avg: 750,000

Co-investment policy:

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 271

Fund investments to date exited or repaid: 204

Management fee: n.a.

Carried interest: n.a.

Hurdle rate: n.a.

GIIN Investors' Council Investment: Yes

Limited Partners / Investors: Bank of America, Goldman Sachs, Metropolitan Life Insurance, JPMorgan Chase, Ford Foudation, Morgan Stanley, PNC Bank, MacArthur Foundation, Duke University, SunTrust Bank, Wells Fargo, US Bank, Northern Trust

Limited Partner / Investor Type: Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors


E-mail: n.a.


Phone number: 919-956-4434

If you wish to have your details removed from this database please email

John Shanley

VP, finance

Robert Schall


Impact Performance


Impact thesis

Self-Help Ventures Fund seeks to foster economic justice and opportunity for the underserved and overlooked in our society through the redistribution of credit, provision of financial services, and policy advocacy. Self-Help Venture Fund's financing efforts have resulted in:
• $4.5 billion in housing loans, $590 million in loans and investments to businesses and real estate projects, and $326 million loans to community facilities.
• 50,000 low-income home owners
• 36,000 jobs created and retained
• 55,000 educational spaces created
Self-Help Ventures Fund targets its financing to low-income and rural communities, women and people of color. In addition, it provides financing for environmental and sustainable businesses and projects that enhance the health of low-income communities.

Impact Management


Request information about this fund