Cooperativa De Ahorro Y Credito Caribe Coop

Cooperativa De Ahorro Y Credito Caribe Coop is a minority-owned, Hispanic American non-profit organization registered in Guayanilla, Puerto Rico, specializing in community development financial services. As a certified Community Development Financial Institution (CDFI), the organization focuses on providing financial services, loans, investments, and technical assistance to underserved communities, with a particular emphasis on Native American economic development. The entity is registered in SAM.gov with a corporate structure that is tax-exempt and maintains an active registration through February 12, 2026.

The organization has consistently received federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions Fund, primarily through the CDFI Program. These grants, totaling $550,000 across four awards between 2021 and 2024, have supported technical assistance and capacity-building initiatives aimed at strengthening the organization's ability to serve low-income communities. The most recent award of $300,000 in November 2024 specifically targets economic self-determination in Native American communities, while earlier grants like the $125,000 awards in 2021 and 2022 focused on organizational development, professional services, training, and expanding the organization's capability to deliver financial products to underserved populations. The grants also included support for COVID-19 pandemic economic recovery, with a $125,000 Economic Recovery Program (ERP) grant in April 2023 designed to expand lending and investment activities in low- and moderate-income communities disproportionately impacted by the pandemic.