✉news BusinessFinance first seen 1 d ago, last 1 d ago, peak #2
Support Urgently Needed for Small CDFIs Serving Underserved Communities
Original: What the community finance sector needs to stabilize small CDFIs carrying the hardest work
The Kresge Foundation argues that small community development financial institutions, which lend in the most underserved places, need stronger support from across the community finance sector to stay stable. The piece calls attention to the financial and structural pressures these smaller lenders face and discusses what is needed to keep them viable and doing their hardest-impact work.
Why now: Small CDFIs face mounting financial pressures, prompting debate over how the sector and philanthropy can stabilize them.
Kresge Foundationcommunity development financial institutions
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- What the community finance sector needs to stabilize small CDFIs carrying the hardest work · Kresge Foundation
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