Starbucks Partners with MacArthur Grantee to Support Community Development Lenders
November 1, 2011 | From the field | Impact Investments

In a partnership with the Foundation-supported Opportunity Finance Network, Starbucks will provide capital grants to select Community Development Financial Institutions (CDFIs). The CDFIs will provide financing to underserved community businesses, including small business loans, community center financing, housing project financing, and microfinance. The Starbucks Foundation seeded the project with an initial $5 million contribution and Starbucks stores will accept contributions for this effort.

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