Partner with Native CDFIs: Reason 4

4: Native Economies Are Growing and Need More Access to Capital

Native CDFIs are being asked to respond to higher needs for capital. The need continues to grow. The gap was highlighted in a 2012 Access to Capital study of certified Native CDFIs by First Nations Oweesta Corporation, and was shown to have grown in a 2017 survey led by the Center for Indian Country Development at the Federal Reserve Bank of Minneapolis.

The 2017 survey showed that Native CDFIs needed an additional $48 million more than they were able to offer.