March 2016 Stories and Data

March 2016 Stories

CDFI Credit Unions Lower Interest Rates on Car Loans
BEARS, BOATS, AND BUSINESS DREAMS
Native CDFIs Fuel Small Business Success Across Indian Country
Native CDFIs Fuel Small Business Success Across Indian Country

March 2016 Fact Sheet

I run a consulting firm that supports CDFIs in their critical work to ensure access to credit and enhanced economic opportunity and job creation. The unique public-private partnership model of CDFIs warrants bipartisan support.

-Sharon Feuer Gruber, SFG Strategies, Silver Spring, MD

I support Community Development Financial Institutions (CDFIs) because they are essential in promoting equitable economic growth and community development. At GROW SD, we see how CDFIs empower underserved populations by providing tailored financial solutions that create housing stability and sustainable businesses. Their commitment to reinvesting in local economies aligns with our mission to enhance community well-being. By supporting CDFIs, we can help build stronger, more resilient communities where everyone has the opportunity to thrive.

-Kristin Hofland, GROW South Dakota, Sisseton, SD

As the Chair of the Board I see the positive impacts of our lending and business advising daily. Our work is integral to the health and vibrancy of our local community. Our support of emerging entrepreneurs and small businesses looking to grow fills an existing gap in the private sector and provides accessible options for many businesses.

-Gunnar Carlson, MN Consortium of Community Developers, Minneapolis, MN

Map of March 2016 CDFI Branches and Stories