Houstan Business Development, Inc. (HBDI), a Local Community Development Financial Institution (CDFI) became a community hero.
The pandemic gave no warning. Local citizens were left with no way to support their businesses and keep the lights on.
While many other CDFIs sat on the sidelines or helped only medium-sized to large businesses, HBDI took on the challenge to deliver funds to local businesses, which needed them most.
This case study demonstrates the challenges faced by the organization like tight timelines, complex organizational settings, and zero IT experience. System Soft’s low code no code solution and focused plan helped the organization to resolve all these challenges and HBDI successfully distributed over $60 million in grants to local small businesses.