African Development Center
1931 South 5th Street, Minneapolis, MN 55454--125
African Development Center (ADC) is a Minneapolis, Minnesota-based CDFI loan fund that champions African immigrants and refugees by helping them overcome barriers to financial security and success. ADC offers microlending to entrepreneurs, business development services, home ownership assistance, and credit improvement programs. Their multilingual staff, drawn from various African nations, serves the African community across multiple Minnesota locations.
Loan products
Who qualifies
African immigrants and refugees in Minnesota, particularly those facing barriers to mainstream financial services; also serves clients in Rochester, Willmar, and St. Cloud.
Focus areas
Federally Certified CDFI
This institution is certified by the U.S. Department of the Treasury as a Community Development Financial Institution, meaning it is dedicated to providing fair financial services to underserved communities.
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Details
- Type
- Loan Fund
- Location
- Minneapolis, MN
- Native CDFI
- No
- Languages
- English, Somali, Amharic, French