CDFIs provided necessary funding and support to communities, including small businesses. Economic opportunity is the path to a unified society.
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.
CDFIs provided necessary funding and support to communities, including small businesses. Economic opportunity is the path to a unified society.
Community Development Financial Institutions (CDFIs) are essential to supporting businesses that serve as the backbone and cultural foundation of their communities.
I represent Northwest Access Fund, a CDFI serving Washington, Oregon, and Idaho. NWAF offers people with disabilities customized loans, financial coaching, and other resources to promote access to assistive technology, independence, financial resilience, and life opportunities. We are helping people with disabilities and seniors who lack the ability to secure financing to afford crucial assistive technologies and modifications – hearing aids, dentures, wheelchairs, adaptive vehicles, and home modifications. We could not to this vital work without the investment from the CDFI Fund.
The financial education offered by Native CDFIs has been making huge impacts within the community. I have been involved in the CDFI network for 8 years and am seeing the positive results. This is especially critical for the younger generations.