Earlier this year, MAF had the pleasure of welcoming three new members to our Board of Directors. Read on to find out who they are, where they’re from, and what inspired them to join the board — from the cutting-edge technology driving Lending Circles to our innovative model for building financial capability.
Dave Krimm is a seasoned financial services professional, with a passion for the “positive impact of microlending: the difference that a small loan can make in an individual’s or a family’s success.” His experience working as a financial product development consultant and leading fundraising and marketing at the San Francisco Foundation make the MAF Board a perfect match for Dave.
Dave is no stranger to nonprofit boards.
Most recently he served as Chair of the Opportunity Fund Board in San Jose, California, where he helped oversee an exciting period of growth for the organization. Now, he’s eager to bring his talents to a nonprofit rooted in his home of San Francisco. When asked what he’s most excited about in his new role, Dave shared that, “I’m looking forward to strengthening MAF’s ‘support team’ on the Board, to match the broadening impact of MAF’s programs locally and the expansion of our nationwide network.”
Salvador Torres is well acquainted with the informal lending and borrowing that happens on the margins, and he’s eager to uplift MAF’s work making the invisible, visible. Salvador shared that, “My family members have used lending circles to share resources, but they rarely went beyond close family ties and didn’t help build credit. Now with MAF’s Lending Circle products and partners, people around country are able to access capital and build the credit necessary to transition into the financial mainstream.”
He knows just how crucial financial health is for building strong, resilient communities.
Salvador spends his days working in Washington, D.C., as an investment banker and consultant at Penserra and 32Advisors, where he helps companies build growth strategies. He’s also served as an Advisory Board Member of the Posse Foundation, a college access organization, where he saw firsthand how close-knit social circles — “posses” — could transform the lives of students and their communities.
Stephan Waldstrom hails from Belgium (via Denmark), and is the Director of Risk and Product Development at RPX Corporation, a risk management company based in San Francisco.
Stephan is passionate about all things product development.
And he’s ready to use that passion to give back to his community. Stephan believes that “MAF has found a simple yet powerful model that can significantly improve the financial security of its members and potentially countless people across the U.S.” A product guru at heart, Stephan is excited to get his hands dirty helping MAF develop the first-ever Lending Circles mobile app, a new tool that will connect clients with on-demand loan information. In addition to his Board seat, Stephan is lending his expertise as a member of MAF’s Technology Advisory Council — which helps guide the design of the technology that powers MAF’s programs.
We’re happy to welcome Dave, Salvador, and Stephan to MAF’s board.
And we’re grateful to them for sharing their collective skills and talents to as we chart new courses — from the mobile app, to our Lending Circles Summit, to new research shaping our understanding of financial health. Adelante!