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.
CDFIs provide a critical service to low-income entrepreneurs who are generally excluded from traditional financing to receive business training services and access to affordable capital to help them start their own microenterprises and thus improve their family’s and community’s economic stability.
As a CDFI, we are able to provide loans and investments to borrowers for projects that improve the quality of life in our community’s low to moderate income census tracts. Frequently, these transactions are not supported by financial institutions directly under competitive terms and conditions that we as a CDFI can make.
We chose a mobile home because of the convenience and ease of one-floor living. The result of our move is that we now have a place that meets our physical and social needs as we age… Working with Capital for Change [CDFI] was quite the experience! What an excellent program that makes housing affordable to all!
[The CDFI Fund is an] incredibly important economic development agent that helps all small businesses across the country to grow, create jobs, become bankable and strengthen our economy.