LCWB Network and MERIT unite to empower Latine communities in Oregon
Cultivating Prosperity
2019
In January 2019, the Latino/a/x Community Wealth Building (LCWB) Network initiated a transformative initiative supported by the Oregon Community Foundation and the Meyer Memorial Trust.
The focus areas included land and agriculture, small business, housing, and education.
2019-2022
Through collective efforts, the LCWB Network gained insights into the challenges and opportunities of community wealth-building.
Drawing on this collective knowledge, LCWB Network participants collaboratively formulated a vision and mission to guide their future endeavors.
2023-2024
In the summer of 2023, MERIT and the LCWB Network unified and aligned on their mission and vision.
As part of this unification, members of the LCWB steering committee served on the MERIT board and committed significant financial contributions to MERIT’s general operating budget.
2025
The LCWB Network and MERIT formally unified to become Prosperidad Oregon, marking a significant milestone in the state’s Latino economic justice landscape.
In July 2025, Prosperidad achieved a historic milestone by earning recognition as Oregon’s only Latino Community Development Financial Institution (CDFI). To lead this next chapter, Carlos David Garcia was appointed as Prosperidad Oregon’s inaugural Executive Director.
Our Approach
Together, we are fostering a future where Latino/a/x and Indigenous Mesoamerican Peoples in our community can build wealth, lead with confidence, and shape systems that work for all of us.
Every family and entrepreneur deserves access to the tools that build lasting prosperity. Our approach begins by ensuring our communities can access fair, culturally rooted financial resources — from loans to business support — so entrepreneurs can grow, families can build stability, and wealth remains in community hands.
Focus Areas
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Money & Tools
We work to ensure our communities can access fair and culturally rooted financial tools, from loans to business support. Our experienced coaches provide personalized, culturally responsive guidance to help you build financial literacy, strengthen your business plan, and stay accountable to your goals. -
Strength & Connection
We invest in relationships, leadership, and shared learning. By strengthening our collective capacity, we create a foundation of trust and mutual support that makes everything else possible. -
Voice & Power
We lift up community voices to shape the policies and systems that impact our lives. Through advocacy, organizing, and partnerships, we build power together to drive structural change.
Founding Organizations
Mission
Our mission is to empower a community of Latino/a/x Oregonians and Indigenous Mesoamerican Peoples united by providing support, access to capital, and opportunities for personal and economic growth. We are committed to building a legacy of intergenerational prosperity driven by trust, empowerment, and a deep connection to our community by working together to build collective community wealth.
Vision
To harness Latino/a/x and Indigenous Mesoamerican Peoples’ collective power to increase our prominence and create wealth-building pathways and lasting community change.











