We are a nonprofit Chamber of Commerce that does microlending for small businesses. We work with a CDFI bank and are trying to get CDFI certification.
Thank you to our partners at Inclusive and CDBA for sharing data on CDFI Bank and CDFI Credit Union branch locations. In addition, about 100 of our CDFI Stories come from OFN’s story database.
We are a nonprofit Chamber of Commerce that does microlending for small businesses. We work with a CDFI bank and are trying to get CDFI certification.
We strongly support continued investment in CDFIs because they empower local economies, create pathways to homeownership and entrepreneurship, and help communities thrive. By ensuring the sustainability and growth of CDFIs, we can continue our mission to help members bank with dignity and build a stronger financial future for all.
CDFIs bridge an important gap in capital between fully bankable and not yet bankable deals reaching out to Socially and Economically Disadvantaged Individual business owners to grow our economy.
CDFIs are the oil in the engine of our economy. They support small businesses with patient flexible capital, when they need it the most; when they are starting out. Without support for these institutions, small businesses will be blocked by high fees, high interest rates, demand payments, and other predatory behavior that impedes and tanks their efforts to grow the US economy.