I wasn't thinking of CDFI as the one getting the loan; I was thinking of their clients. CDFI gets extra capital to lend from Starbucks and Starbucks customers, and a small business owner out there gets a loan. CDFI gets any interest on the loan and the Starbucks customers get moral satisfaction.
Is there oversight that CDFIs are actually going to loan the money? Some of them are for profit & might speculate...
Joanna
----- Original Message ----- From: "Jordan Hayes" <jmhayes at j-o-r-d-a-n.com>
Joanna writes:
> But the success of the enterprise that gets the loan
> still depends on there being people out there who can
> afford to buy whatever the enterprise has to sell.
> And that's the problem.
Do you know what a CDFI is? Did you click the link I sent?
Will you at least read this one? http://en.wikipedia.org/wiki/CDFI
/jordan ___________________________________ http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk