Akiptan Stories and Data

Akiptan Stories

HealthWorks
Warrior Meat Company
Warrior Grocery
Chasing Dandelions brings Play Therapy to Aberdeen

Akiptan Fact Sheet

CDFIs have been a vital role in our community by providing low-cost capital to businesses. Capital is not readily available in the rural area I live, so it’s imperative that CDFIs continue to receive funding that helps support small businesses and continue to grow small communities.

-Katie Rasmus, Grow SD, Sisseton, SD

Funding through the CDFI fund is essential to our home ownership, home ownership preservation and multifamily housing development programs. CDFI funding provides flexible, low-cost funds that fill the financing gaps in projects that provide affordable, safe, and healthy housing to our clients.

-Brent Ekstrom, CommunityWorks North Dakota, Mandan, ND

The shift in business models among banks and credit unions—along with ongoing consolidation and the retreat from rural markets—has left a growing number of entrepreneurs without access to traditional financing. In response, MoFi and other CDFIs have become critical entry points for future bank customers.

-Heidi DeArment, MoFi

Map of Akiptan CDFI Branches and Stories