CDFI

A CDFI stands for Community Development Financial Institution. It is an organization that works to provide financial services like loans, investments, and banking services, to people who live in underserved communities. These organizations help people who don't have access to traditional financial services, like regular banks. They work with businesses in those communities who need help getting money to grow or start a business, or help them find sources of capital so they can provide essential services. They also help people who need access to credit to buy a house or car. CDFIs help people in underserved communities have a better chance of achieving economic success.