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Community Development Finance Institutions

Trading Term

CDFIs are mission-driven, private financial institutions that provide credit and other financial services to underserved markets and populations with a goal to make them more financially self-sustaining. They expand economic opportunity by providing credit for small businesses, micro-enterprises, affordable housing, charter schools and non-profit organizations. Their target markets include minority and women-owned businesses in low-to-moderate income communities that are not traditionally served by mainstream commercial banks. In the United Kingdom they are known as Responsible Finance Providers.

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