Fresno CDFI joined the State of California CalCAP program. This program provides matching funds into a loan loss reserve which enables us to assist more entrepreneurs who want to start businesses.
Fresno CDFI lent over $720,000 in American Recovery and Reinvestment Act (ARRA) funds across 19 loans, resulting in the creation and retention of 317 jobs.
Fresno CDFI became a Small Business Administration (SBA) intermediary microlender.