CDFIs in Missouri provide essential capital to help small businesses grow and contribute to the economy and their families. We must not delay in ensuring these critical organizations have the resources necessary to continue supporting the resilience of businesses, families, and communities across our state and our country.
[The CDFI Fund] provides a vital funding source which enables our organization to sustain and start-up businesses in our rural SD communities. Without that support, our rural communities would die because there would be nothing to keep our young families in the communities. The opportunities they need for their careers would be gone.
CDFIs can provide financial tools tailored to the needs of their communities. As a non-profit CDFI serving low-income rural communities, this is very valuable.