A Guide for Community Development Financial Institutions and Their Funders
November 15, 2022
A detailed report written by the Urban Institute provides key insights and tips into the role technology plays in community development financial institutions (CDFIs) and how CDFIs can embrace technology to scale and grow effectively. CDFIs still face capacity limitations in the adoption of effective technology tools, but "in most cases, investing in technology will allow CDFIs to process and approve more loans in less time and with less effort, increasing not only their social impact but also their fee revenue," (Urban Institute).
Read the full brief by Urban Institute here.
Authors: Brett Theodos,Jorge González-Hermoso,Tola Myczkowska