Community developing Finance mmunity Development Finance is really a 501c3 organization that is nonprofit in C

Community developing Finance mmunity Development Finance is really a 501c3 organization that is nonprofit in C

Welcome To CDF!

Community developing Finance is really a 501c3 nonprofit company positioned in Ca. Our objective would be to help low-income and incredibly low-income households, communities and companies with additional usage of money and economic literacy by providing below-market price economic products and services to low-income, underserved and unbanked individuals in communities every-where. Additionally it is our objective to generate partnerships that are new help other institutions in increasing use of money within these areas.

CDF launched the initial and just nonprofit, full-service, stand-alone check cashing shop in the nation in might 2009, within the Fruitvale neighbor hood of Oakland, Ca.

Our storefront, called Community Check Cashing (pictured, left), offers below-market prices, minimal costs, and an extensive variety of economic solutions, including economic mentoring and business solutions — all created to greatly help low-income families go out of poverty. We run the shop for a social enterprise model: a nonprofit check cashing organization where the check cashing solutions part of the operations are economically sustainable through acquired income when using contributions and funds to guide the mentoring, social solutions and management.

CDF’s programs have actually shown to conserve clients a deal that is great of independently every year – we estimate a yearly cost cost cost cost cost savings towards the community of $150,000 to $200,000 from our reduced rates as well as other solutions. Continue reading “Community developing Finance mmunity Development Finance is really a 501c3 organization that is nonprofit in C”