Philanthropy Impact

Inspiring philanthropy and social investment across borders, sectors and causes

Community development finance

Glossary item: Community development finance - Definition

Providing debt and equity finance (loans and shares) in communities or markets where mainstream financial services are weak and which are said to be 'undercapitalised'. Community development finance provides financial services for for-private-profit businesses working in disadvantaged neighbourhoods and for social enterprise activity. See CDFI and chapter in A Guide to Giving.