CDFIs provide access to capital for individuals who more traditional financial institutions would otherwise deny. The capital provided allows them to sustain or scale their business.
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.
CDFIs provide access to capital for individuals who more traditional financial institutions would otherwise deny. The capital provided allows them to sustain or scale their business.
As we look to the next 25 years, we remain focused on investing in entrepreneurs and communities that deserve meaningful opportunities to grow and thrive.
CDFIs drive local economic growth by financing small businesses, creating jobs, and expanding affordable housing. They support rural and tribal communities, fund critical services like childcare and health clinics, and have invested $298 billion in underserved areas since 2010.
CDFIs provide a critical service to low-income entrepreneurs who are generally excluded from traditional financing to receive business training services and access to affordable capital to help them start their own microenterprises and thus improve their family’s and community’s economic stability.