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When Fidelity partnered with the Capital Good Fund to service loans to disadvantaged communities, this was an example of______________.

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Answer:

Community Development Financial Institutions

Step-by-step explanation:

Community development financial institutions are a coalition of financial institutions that come together to provide low cost loans to disadvantaged communities that are made up of low-income earners and areas of low wealth.

The focus of CDFIs is community development and not profit maximisation.

Indices such as job creation and retention are used as a yardstick for how successful a CDFI is.

Fidelity partnering with the Capital Good Fund to service loans to disadvantaged communities is an example of a CDFI

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