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Exclusive Minicast: Clifford Rosenthal “Democratizing Finance:  Origins of the Community Development Financial Institutions Movement”

Exclusive Minicast: Clifford Rosenthal “Democratizing Finance: Origins of the Community Development Financial Institutions Movement”

Published 7 years, 3 months ago
Description

CDFIs grew from church basements and kitchen tables to number more than 1,000 institutions with billions of dollars of capital. Joining us to explain just how CDFI’s make a difference - from inner cities to Native American reservations, is Clifford Rosenthal, an internationally recognized developer of programs to provide financial access for low-income and underserved people, and author of the new book "Democratizing Finance: Origins of the Community Development Financial Institutions Movement" that traces the roots of community development finance over two centuries, situating CDFIs within the long history of institutions that seek to provide access to capital for communities previously denied access to it. They are a great development model.

 

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