Chi Ishobak Inc.

Chi Ishobak Inc. is a minority-owned, non-profit Community Development Financial Institution (CDFI) located in Dowagiac, Michigan, dedicated to promoting economic revitalization and community development in Native American communities. Registered in SAM.gov since December 23, 2010, the organization is specifically focused on serving Native American populations by providing financial and technical assistance through targeted grant-based programs. As a Native American and Native Indian-owned organization, Chi Ishobak Inc. specializes in delivering financial services, lending, and economic support to underserved tribal areas across the United States.

The organization has consistently received federal grant awards from the Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund), predominantly through programs like the Native Initiatives, Equitable Recovery Program, and Rapid Response Program. These grants, totaling approximately $6.4 million between 2020 and 2027, enable Chi Ishobak Inc. to provide critical financial services such as direct lending, financial education, capacity building, and technology improvements for Native communities. Specific grant activities include expanding access to capital, offering financial services to low- and moderate-income Native American populations, supporting business growth, creating jobs, and fostering economic self-determination. The organization has particularly focused on addressing economic challenges caused by the COVID-19 pandemic, leveraging grant funds to provide loans, investments, and financial assistance to businesses and communities disproportionately impacted by the pandemic.