Advisory Committee on Economic Inclusion (ComE-IN)
Member Biography - Janie Barrera
Founding President and CEO
LiftFund, Inc. began in 1994 and has become the largest nonprofit micro and small business lender in the United States. The organization provides loans and management training to enterprises of all kinds from startups to long established businesses and operates in 13 states: Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Tennessee and Texas. Since its inception, LiftFund has disbursed more than 16,000 loans totaling more than$190 million with an impressive 94 percent repayment rate.
Prior to establishing LiftFund, Ms. Barrera was marketing division chief for the U.S. Air Force's Morale, Welfare, Recreation and Services Agency. The San Antonio Business Journal recently listed Ms. Barrera as one of Twenty Defining Players: People Who Have Helped Shape the City and also named her as one of 2013 Legacy Leaders. President Barack Obama appointed her to the Presidents Advisory Council on Financial Capability and in 2012 she was named to the board of directors for the Federal Reserve of Dallas San Antonio Branch and served on the Federal Reserve Boards National Consumer Advisory Council. In 2015 she was inducted into the San Antonio Business Hall of Fame.
She received a bachelor's degree from Texas A&M University Corpus Christ and a master's degree in business administration from the University of the Incarnate Word.