CDFIs provide much-needed assistance to individuals and businesses in the state of South Dakota.
CDFIs provide much-needed assistance to individuals and businesses in the state of South Dakota.
The CDFI Fund, and the organizations it serves, enable greater numbers of people to participate in the US economy in a positive way, creating jobs and businesses, while producing vital goods and services.
Our CDFI is housed in a non-profit dedicated to cultivating entrepreneurial leadership within underserved communities to increase their economic mobility. CDFIs are crucial to this work and bridging the gap to help entrepreneurs access funding before being able to approach a traditional lender for a myriad of reasons such as lack of credit history, being underbanked or never banking, lacking access to financial literacy resources and education around borrowing process. Being able to combine training resources with microlending support enables our org to further serve these populations in a way that best meets their needs and creates economic growth and jobs within our local communities.