PA09 Stories and Data

Philly Builds Credit: A Financial Wellness Initiative
The Tirado Family
The Montanez Family
The Graeff‑Byrnes Family

CDFIs are an important to give access to those who can’t get access to capital from traditional banks and provides important Technical assistance to borrowers pre and post loan as needed.

-Lynn Cutler, WORC/EOF, Philadelphia, PA

We are a CDFI focused on small business lending. We are giving people who deserve a shot at the American dream – but can’t get it because big banks don’t do small business loans or character loans anymore. Small businesses are important sources of jobs, income and innovation.

-Mark Masterson, Neighborhood Community Development Fund, Pittsburgh, PA

CDFIs are boots on the grown and first responders standing by low-income communities every day, particularly during difficult economic times, to support small businesses with flexible loans and financial education and technical assistance. All this, to grow small businesses and feed the economy.

-Varsovia Fernandez, Pennsylvania CDFI Network, Philadelphia, PA