Cooperativa De Ahorros Y Credito La Comeriena

Cooperativa De Ahorros Y Credito La Comeriena, doing business as Farma Coop Domingo Santiago, is a minority-owned, tax-exempt financial institution registered in SAM.gov, located in Comerío, Puerto Rico. As a Community Development Financial Institution (CDFI), the organization focuses on providing financial services and support to underserved communities, particularly in rural and low-income areas. Through its federal grant awards, the entity demonstrates a commitment to expanding access to capital, financial services, and technical assistance for economically disadvantaged populations in Puerto Rico.

The organization has received multiple federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions Fund, totaling over $2.3 million across five grants between 2021 and 2024. These grants, including the Community Development Financial Institutions Program and the CDFI Rapid Response Program, have enabled Farma Coop Domingo Santiago to provide critical financial support during the COVID-19 pandemic and build organizational capacity. The grants have specifically supported activities such as expanding lending capabilities, providing financial and technical assistance to businesses and communities impacted by economic challenges, investing in technology and staffing, and delivering targeted financial products to minority and low-income populations. The ultimate goals of these grants include driving economic development, job creation, and financial self-determination in underserved communities, with a particular focus on rural and low-income areas in Puerto Rico.