African Development Center

African Development Center (ADC) seeks to grow businesses, build wealth, and increase reinvestment in Minnesota’s African communities.  To do so, the CDFI provides microloans to small businesses and culturally competent workshops and consultations on financial literacy, business development, and home ownership.  Since 2004, ADC has trained more than 1,500 people and has lent more than $6 million to small businesses and entrepreneurs, leveraging more than $12 million in small business investment and creating or retaining over 1,000 jobs.