Scaling Impact for Community Development Financial Institutions
Author: B Theodos
Topic: Financial inclusion
Publisher: Urban Institute
Location: United States
Format: Report
Content Type: Research
Publication Date: June 30, 2016
The link between economic equity and financial and economic inclusion has long been the focus of community development financial institutions (CDFI). In this brief, we first examine what scale means for CDFIs and note participants’ focus on scaling impact and their concerns about conflating size with scale. We next look more closely at how CDFIs use their development and technical assistance services to achieve deeper impact and the critical role CDFIs often play as conveners and thought leaders. We then offer insights participants shared from their past experiences. Finally, we highlight the important role funding and balance-sheet management play in determining the type of future growth the industry can achieve.
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