Stories of Impact: MoFi

A restaurant owner in Livingston, MT, lost sleep for months during COVID. Without enough assets, no bank was going to invest in his business, because restaurants are a notoriously risky industry to fund. Then, Ralph got connected with MoFi, a nonprofit designed to help people like him. Within three days, the money he needed was in his bank account. The restaurant was going to survive.

Walking The Path to Bankability with Mofi (OFN Story)

Across the Northern Rockies, MoFi provides products and services that transform lives and strengthen community prosperity. Offerings include New Markets Tax Credit loans, community facilities loans, and home buying assistance loans. But the CDFI’s core business is its small business financing and services.