Comite de Bien Estar, Inc.

Comite de Bien Estar, Inc. is a nonprofit community development organization that focuses on social services and affordable housing development for migrant workers and other low-income individuals. Since 1977, Comite has helped to empower and strengthen this distressed agricultural community in San Luis, AZ.

Clearinghouse CDFI provided $472,500 in financing for Comite to purchase a property which serves as a convenience store and gas station. The store operates at break-even cost and offers discounted prices as an economic development service in this low-income community.

Read the full story here: Just Funded – Comite de Bien Estar, Inc.

Financing Provided:
$472,500
Location:
San Luis, AZ
Impact:
Acquisition of this new convenience store will allow Comite to offer discounted groceries and gasoline to its low-income members
Purpose:
To provide a new economic development service in a disadvantaged Arizona community
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