Prestamos CDFI Email Format
Financial ServicesArizona, United States11-50 Employees
Prestamos CDFI is a community development financial institution and community development entity that provides access to capital for small businesses in Arizona and Nevada through non-traditional financing. The organization combines loan programs with no-cost technical assistance to help entrepreneurs improve profitability and long-term sustainability, drawing on expertise in organizational development, finance, marketing, and design. Its work focuses on supporting economically underserved communities by expanding access to credit and capital for small business owners. The organization was founded in 1980 as a subsidiary of Chicanos Por La Causa and is based in Phoenix, Arizona. In 1992 it acquired the SBA Microloan Pilot Program, becoming Arizona's first SBA microlender, and Prestamos CDFI, LLC was formalized in 2000 to address growing demand. Recent developments include a partnership with Grand Canyon University and the launch of a COVID-Micro Loan Product offering up to $25,000 to support working capital.