CDFIs help community-focused organizations access capital for traditionally underserved communities.
CDFIs help community-focused organizations access capital for traditionally underserved communities.
Our credit union has been a certified institution since 2017 if not for the [CDFI] program we could not lend to individuals that have a problem getting funding if this program is not funded many citizens who are in financially weakest position the most.
CDFIs assist businesses and individuals that often cannot access bank capital. Especially in rural SD access to capital is difficult and the # of small banks have been reduced.