March 16, 2021 Stories and Data

March 16, 2021 Stories

BEARS, BOATS, AND BUSINESS DREAMS
Native CDFIs Fuel Small Business Success Across Indian Country
Native CDFIs Fuel Small Business Success Across Indian Country
Native CDFIs Fuel Small Business Success Across Indian Country

March 16, 2021 Fact Sheet

Testimonials

Native CDFIs are crucial to provide the financing, investment and literacy services to improve economic and social conditions in Native communities where inadequate or non-existent mainstream financial services are commonplace. We are seeing the positive impacts of Native CDFIs across Alaska and Indian country through increased homeownership, profitable Native-owned small businesses and community improvement projects. Supporting Native CDFIs will build stronger, more resilient communities and better the economy for the nation.

-Senator Lisa Murkowski (R-AK)

CDFIs support the needs of small businesses and consumers in rural, suburban, and urban areas across the United States. The designation is key to legitimizing and elevating our work with banks and other leveraged investors who align with our industry to bring affordable capital to markets that need catalytic investments to sustain and grow small businesses. These businesses create jobs, provide goods and services, and pay taxes that build strong communities. We need to preserve and grow the CDFI Fund for all Americans.

-Patricia Parchmon, St. Louis Community Credit Union, St. Louis, MO

We are a CDFI focused on small business lending. We are giving people who deserve a shot at the American dream – but can’t get it because big banks don’t do small business loans or character loans anymore. Small businesses are important sources of jobs, income and innovation.

-Mark Masterson, Neighborhood Community Development Fund, Pittsburgh, PA

Map of March 16, 2021 CDFI Branches and Stories