NC07 Stories and Data

NC07 Stories

Nourish Up
Raleigh Rescue Mission
OFN Story: North Carolina CDFI Brings Tourism and Jobs to Local Community
Tavares James

NC07 Fact Sheet

CDFIs (Community Development Financial Institutions) are essential for ensuring access to capital in underserved communities. These institutions are not just important; they are vital to the small business ecosystem and represent significant assets for our local and national economies. By supporting underserved entrepreneurs, we actively create opportunities for all and empower individuals to achieve the American dream of growth and prosperity.

-Manuel Campbell, ASPIRE Community Capital, Charlotte, NC

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.

-Christopher Capel, Aspire Community Capital, Charlotte, NC

CDFIs provide affordable capital to borrowers that may not be able to access credit from mainstream financial institutions. Unlike other non-bank options, CDFI loans are affordable and transparent. And CDFIs take a holistic approach, prioritizing the wellbeing of individual clients and the borrowers that live within them.

-Adam Safer, Carolina Small Business Development Fund, Raleigh, NC

Map of NC07 CDFI Branches and Stories