True core CDFIs are the leaders and support mechanisms in rural communities. They are the local trusted partners that positively impact individuals, companies and communities to build equity and hope into areas that are difficult to develop.
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.
True core CDFIs are the leaders and support mechanisms in rural communities. They are the local trusted partners that positively impact individuals, companies and communities to build equity and hope into areas that are difficult to develop.
[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 are a key component of helping our communities thrive.
CDFIs solve for capital access gaps that increase economic opportunities for people and communities who have been excluded from that opportunity.