Monday, April 3, 2023

Adina Abramowitz: Community Development Finance Mighty Woman


From :

As #WomensHistoryMonth comes to a close, we want to feature a woman who has been in the Community Development Financial Institution industry since its inception—our very own, Adina Abramowitz! Adina began her career in this field in 1987, working for a new nonprofit small business lender in Camden, NJ, known as CBAC. Today it would be called a CDFI, but the term "CDFI" was not established until 1994. 

Adina was drawn to the position because of a desire to make a difference and she saw that financing could be a tool to address social justice issues. She was instrumental in the early development of the CDFI industry through her work at Opportunity Finance Network, and in 2006 she launched her own consulting firm to help CDFIs develop and implement transformational strategies.

In 2018, Adina was contacted by her former colleague Mark Pinsky to help with a project in Bloomington, IN, which became the 1st CDFI Friendly city and helped form the CDFI Friendly strategy. After years of working with individual CDFIs, Adina enjoys how working at CDFI Friendly America has given her a fresh perspective—seeing and trying to solve for all of the credit needs in underserved communities. We at CDFI Friendly America are very grateful to have access to her wisdom and experience. Her advice to anyone entering the Community Development Finance space, "Be about positive change. Be about abundance. Be about spreading out opportunity. Be about expanding the pie."