✉news BusinessFinance first seen 13 h ago, last 1 h ago, peak #2
What small CDFIs need to stay stable
Original: What the community finance sector needs to stabilize small CDFIs carrying the hardest work
Community development financial institutions that serve the hardest-to-reach borrowers need stronger support from the community finance sector to remain stable, according to the Kresge Foundation. The argument is that small CDFIs shoulder difficult lending work with limited resources, and sector-wide measures are needed to keep them financially resilient and able to keep operating in underserved communities.
Why now: The Kresge Foundation, a major philanthropic funder, is drawing attention to funding and stability gaps facing small community lenders.
Kresge FoundationCDFIscommunity finance sector
Evidence
- What the community finance sector needs to stabilize small CDFIs carrying the hardest work · Kresge Foundation
API: https://socialmediatrends-api.osmike.com/v1/trends/498320