GovIntel / MA / AFRICAN COMMUNITY ECONOMIC DEVELOPMENT FINANCIAL INSTITUTION, INC

AFRICAN COMMUNITY ECONOMIC DEVELOPMENT FINANCIAL INSTITUTION, INC

Government contractor · Boston, MA

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SAM statusActive
Established2024

About AFRICAN COMMUNITY ECONOMIC DEVELOPMENT FINANCIAL INSTITUTION, INC

ACEDFI is a nonprofit loan fund focused on providing affordable loans and business support to underserved entrepreneurs in Greater Boston, particularly African, Latino, immigrant, BIPOC, and low- to moderate-income–owned small businesses. It is a spin-off of ACEDONE and aims to achieve CDFI certification.

Affordable microloans ranging from $5,000 to $50,000One-on-one business coaching and technical assistanceFinancial literacy workshops and trainingCommunity-based support and peer learning groups

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