Our objective would be to help low-income and extremely low-income households, communities and companies with additional usage of money and literacy that is financial providing below-market price monetary 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 organizations in increasing use of money in these communities.
CDF exposed the initial and just nonprofit, full-service, stand-alone check cashing shop in the country in might 2009, within the Fruitvale neighborhood of Oakland, Ca.
Our storefront, called Community Check Cashing (pictured, left), offers below-market rates, minimal costs, and an extensive selection of monetary solutions, including monetary mentoring and small business solutions — all created to greatly help low-income families go out of poverty. We run the shop for an enterprise that is social: a nonprofit check cashing organization when the check cashing solutions part of the operations are economically sustainable through attained income when using contributions and funds to aid the mentoring, social solutions and management.
CDF’s programs have actually shown to save your self clients a deal that is great of separately every year – we estimate a yearly cost cost savings towards the community of $150,000 to $200,000 from our reduced rates along with other services. This amounts to about $1.2 million in cost cost cost savings into the community since we exposed last year.
CDF is associated with numerous revolutionary programs in its history that is short through and developing brand brand brand new programs. Continue reading “Community developing Finance is really a 501c3 organization that is nonprofit in Ca”