The New Mexico Impact Investing Collaborative (NMIIC) is exploring the creation of a fund to channel capital to nonprofits in New Mexico, with the goal of improving access to flexible financing. The effort aims to support organizations facing cash flow challenges by designing a loan or guarantee facility that can unlock debt financing through local financial institutions.
To inform this initiative, NMIIC has launched a survey to better understand the financing needs and experiences of nonprofits and to assess the interest and capacity of financial institutions to participate in such a program. The insights gathered will help shape a solution that is responsive to the needs of the New Mexico nonprofit sector and those interested in supporting it.