Community Development Financial Institutions (CDFIs) are essential to supporting businesses that serve as the backbone and cultural foundation of their communities.
Community Development Financial Institutions (CDFIs) are essential to supporting businesses that serve as the backbone and cultural foundation of their communities.
We support CDFI lending.
As an emerging CDFI serving the state of MN with small dollar consumer lending, this funding is essential to us to help combat predatory lending that strips wealth from low-income communities and allows us to provide stabilizing capital to communities to stay housed, employed, and (re)build credit to reach their asset building goals (e.g. car and home ownership) for the future.