CAPACITY BUILDING

CAPACITY BUILDING

CDFI Fund Releases Application Demand for FY 2021 Round Of Small Dollar Loan Programme

By Godson Umejiego, Correspondent USA The US Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has released  the application data for the fiscal year (FY) 2021 round of its Small Dollar Loan Programme (SDL Programme). The SDL Programme is a new programme authorized by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Pub. L. 111-203) that is intended to expand consumer access to financial institutions by providing alternatives to high cost small dollar lending. Up to US$13.5 million in awards is available through the...
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