A Community Centered Approach to Closing Credit Access Gaps: Native CDFIs

February 21, 2025 01:00 AM AEDT | By 3BL

Google News:

A Community Centered Approach to Closing Credit Access Gaps: Native CDFIs — Image source: Kalkine Media

Recent News

World Digital Introduces Innovative E‑Commerce Strategies Amid Global...

Alex Miller Keeps Classic Country Flame Burning With Alan Jackson Song...

Trump earns over $600 million from crypto, holds assets worth at least...

Oil in biggest gain since 2022 as Israel hits Iran, but Citi warns gai...

by Casey Lozar, Federal Reserve Bank of Minneapolis' Center for Indian Country Development

Imagine financial institutions across Indian Country focusing on goals rooted in social impact investing. Their missions might include fostering financial inclusion, providing culturally informed services and improving access to capital and credit in low- and moderate-income communities.

These institutions exist, yet many people remain unfamiliar with them. Historically, economic data gaps have masked economic conditions and opportunities in Native communities. The Center for Indian Country Development, a research and policy institute based at the Federal Reserve Bank of Minneapolis, is working to change that.

CICD advances the economic self-determination and prosperity of Native nations and Indigenous communities through actionable data and research that inform public policy. As part of our portfolio, we’ve worked with a team of researchers to conduct a series of studies on the unique role of Native Community Development Financial Institutions (CDFIs) in addressing capital and credit gaps in Indian Country. Those looking to engage in economic well-being in Indian Country may be interested in four key themes that have emerged in our research.

Read the full article, that looks at the Four Key Themes, here - https://greenmoney.com/a-community-centered-approach-to-closing-credit-access-gaps-native-cdfis

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.