CDFIs bridge an important gap in capital between fully bankable and not yet bankable deals reaching out to Socially and Economically Disadvantaged Individual business owners to grow our economy.
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 bridge an important gap in capital between fully bankable and not yet bankable deals reaching out to Socially and Economically Disadvantaged Individual business owners to grow our economy.
CDFIs and Credit Unions help people of modest means when other FI’s do not. We are the last bastion of hope in banking for the little guy.
I cannot state strongly enough how important CDFIs have been to my community and to the country as a whole. They rely in part — as they should — on federal financial support. Please release funds for use by the many CDFIs in the USA.
CDFIs provide access to capital for individuals who more traditional financial institutions would otherwise deny. The capital provided allows them to sustain or scale their business.