Prestamos CDFI, LLC (“Prestamos”), is a Community Development Financial Institution("CDFI") and a Community Development Entity("CDE") that provides high quality small business loans and technical support services to its clients. Préstamos through its parent corporation, Chicanos Por La Causa, Inc., has administered lending programs for small businesses located in a rural and urban Arizona since 1980. In 1992, Prestamos acquired the U.S. Small Business Administration’s (SBA) Microloan Pilot Program and became Arizona’s first SBA Microlender. In view of the success of its loan programs and the continued need and demand for these services, CPLC created Prestamos CDFI, LLC in 2001. Prestamos successfully promotes business and community development and provides technical assistance, business capital and commercial real estate loans throughout Arizona and Nevada.
What is a Community Development Financial Institution
CDFI Certification and CRA: Community Development Financial Institutions (CDFIs) are private-
sector, financial intermediaries with community development as their primary mission.
CDFIs supply the tools enabling economically disadvantaged individuals and underserved
communities to become self-sufficient stakeholders in their own future. These tools include
providing financial services, loans, and investments; offering training and technical assistance
services; and promoting development efforts that enable individuals and communities to
effectively use credit and capital.
Community Reinvestment Act (CRA) regulations explicitly recognize loans and investments in
CDFIs as a qualified CRA activity.
Sr. Business Development Officer / Sales Manager
Loan Servicing Coordinator
Business Development Officer, Central Nevada Region
Prestamos Community Impact
Since 1980, Prestamos has helped the community by retaining and creating Jobs, thanks to the $60,000,000 in loans to over 300 small businesses. The creation and retention of jobs within the community is a fundamental goal for Prestamos.
Barbara Boone - Alliance Bank
Ricardo Carlo - Associated Minority Contractors of America
Ellen Kirton - Management Consulting
Lupe Gomez - Raza Development Fund Inc.
Sherry Sentgeorge - Andersen Security
Chad Welborn - CopperPoint Mutual Insurance Copanies
Kerwin V. Brown – Black Chamber of Arizona
Jose Habre - City of Phoenix
Ryan Hale - US Bank
Edgar Martinez - Tucson Metro Chamber
Brad Parker - BBVA Compass
Community Advisory Board
Jose "Casper" Habre - City of Phoenix
Dan Hernandez - CopperPoint Mutual Insurance Copanies
Edmundo Hidalgo - CPLC
Pete Garcia - Victoria Foundation
Rodolfo Parga - Ryley, Carlock, & Applewhite
David Adame - CPLC
Ray Salazar - State of AZ - Department of Corrections