Community Development Financial Institutions (CDFIs) are essential to supporting businesses that serve as the backbone and cultural foundation of their communities.
Community Development Financial Institutions (CDFIs) are essential to supporting businesses that serve as the backbone and cultural foundation of their communities.
They support small businesses with financial gain and information to further their business
I support CDFIs because they provide needed capital for small businesses and first-time homebuyers. This capital allows people to build wealth and/or provide a product/service to their community, which leads to economic prosperity for the local area. Because the financing is provided as a loan, clients are equally invested in the success of their home/business.