This is greater than just the CDFI Fund. There are countless of small businesses that cannot get financial support in a traditional lending institution.
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.
This is greater than just the CDFI Fund. There are countless of small businesses that cannot get financial support in a traditional lending institution.
I support CDFIs because they serve as economic first responders in their communities. Native and consumer loan funds, in particular, are instrumental in lifting our most vulnerable populations out of poverty. These CDFIs provide essential financial services and resources, offering a lifeline to individuals and families who might otherwise be excluded from traditional banking systems. By empowering them to become bankable again, CDFIs help create pathways to financial independence and long-term prosperity.
The CDFI Fund has helped us positively impact low-income communities by improving their quality of life with access to low and fair loan financing.
CDFIs create impactful changes in communities and provide catalytic growth and changes which provide jobs, particularly in low and moderate in come areas.