Prestamos CDFI

Prestamos CDFI is a Community Development Financial Institution based in Phoenix, Arizona. Established in 2000 under Chicanos Por La Causa, Inc., it focuses on providing financial products and services to underserved small businesses and communities across Arizona, New Mexico, Nevada, and recently, Texas. The organization aims to promote economic and community development by offering accessible capital to minority-owned, women-owned, and rural businesses. Prestamos offers a range of services, including business loans for working capital and expansion, economic development loans for community projects, and consulting and mentorship for entrepreneurs. It serves small business owners in various regions, particularly in underserved areas, and supports real estate entrepreneurs in Texas. The organization has made a significant impact, disbursing $6.8 million in loans and financing over 407,000 businesses, which has led to the creation or retention of more than 230,000 jobs. Prestamos has been recognized for its contributions to the Latino community in Arizona.