European Community Development Financial Institutions (CDFIs)

European Community Development Financial Institutions (CDFIs) are specialized financial organizations that provide funding and support to underserved communities and small businesses across Europe. They focus on promoting economic development by offering loans, investments, and services that mainstream banks might avoid, especially in areas needing economic revitalization. CDFIs work to improve access to finance for low-income populations, new entrepreneurs, and social enterprises, fostering sustainable growth, job creation, and social inclusion. They play a vital role in balancing regional development and reducing economic disparities within the European Union.