CARS™, the CDFI Assessment and Ratings System, is the only comprehensive, third-party assessment of a CDFI's impact performance and financial strength and performance. CARS™ helps investors confidently assess CDFIs that match their social objectives and risk parameters.
Goldman Sachs 10,000 Small Business
Goldman Sachs and the Goldman Sachs Foundation have pledged $5.5 million for Kentucky businesses through KHIC. Of that, $5million will go directly into KHIC's loan fund and will be available for lending to small businesses located in low- and moderate-income areas throughout Kentucky. $250,000 will be used as a loss reserve grant and the remaining $250,000 will be used to build the capacity of KHIC so that it can continue to provide vital business services to Kentucky entrepreneurs.
Opportunity Finance Network
Opportunity Finance Network® (OFN) is the national network of Community Development Financial Institutions (CDFIs)—private financial institutions that are 100% dedicated to delivering responsible, affordable lending to help low-income, low-wealth, and other disadvantaged people and communities join the economic mainstream
In 1995, LISC launched Rural LISC to expand its reach beyond urban areas to include rural communities. Today, Rural LISC partners with 58 community development corporations (CDCs) and Rural Community Assistance Corporation and Fahe working to transform distressed communities in 1,051 counties across 39 states.
The East Kentucky Technical Assistance Providers (EKyTAP) network supports entrepreneurs and small businesses by helping them locate the right resources within the network’s member organizations. The EKyTAP network provides a comprehensive suite of entrepreneurial assistance consulting and educational assistance for every stage of the business development life cycle with the goal of greater utilization of entrepreneurial support services for entrepreneurs throughout Eastern Kentucky.