At a glance
From its website, read 2 Nov 2026Latino Economic Development Center is a loan fund based in Saint Paul, Minnesota. Its website describes farm loans and small-business loans. Where it lends: Minnesota and Western Wisconsin (regenerative agriculture program). You can start an application online. It serves borrowers in Spanish.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Main | (612) 724-5332 source |
|---|---|
| info@ledcmn.org source | |
| Apply online | Page with the application link |
| Website | www.ledcmn.org |
| Office (official list) | 804 Margaret Street, Saint Paul, MN 55106 |
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 17 Sep 2013 |
| RSSD ID | — (none listed) |
| Address | 804 Margaret Street, Saint Paul, MN 55106 Directions (Google Maps) |
| Website | www.ledcmn.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. Lending is described only by a 2025 promotion page; the Minnesota emergency loan and Bloomington forgivable loan programs are run by government bodies, so they were excluded, and the lending geography is not stated. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Agriculture / farm loans | — | Podemos ayudar a nuestros clientes a obtener capital inicial y préstamos operativos, y hemos ayudado a agricultores a adquirir sus propias tierras. | source |
| Small-business loans | up to $25,000 | While funding lasts, LEDC is offering loans of up to $25,000 to new client businesses at a low interest rate of 3.5%. | source |
Loan sizes
While funding lasts, LEDC is offering loans of up to $25,000 to new client businesses at a low interest rate of 3.5%.
source
Service area
Minnesota and Western Wisconsin (regenerative agriculture program)
We’re planting semillas—seeds of pride and financial freedom for future farmers in Minnesota and Western Wisconsin.
source
Borrower focus
- Farmers / ranchers
Our goal is to help emerging farmers, especially those historically excluded from land ownership, access the tools, resources, and capital they need to succeed.
source - Minority / BIPOC
LEDC is the only Latino-focused Community Development Financial Institution (CDFI) in Minnesota and the Upper Midwest.
source
Languages
- Spanish
If you need assistance in Spanish at LEDC we are here to help you, contact our Business Development department
source
Online application
Yes — the site links to an application. Limited-time offer – Apply now!
source
Pages read (7)
- https://www.ledcmn.org/
- https://www.ledcmn.org/city-of-bloomington-small-business-emergency-assistance-loan-program/
- https://www.ledcmn.org/es/ciudad-de-bloomington-programa-de-prestamos-para-asistencia-de-emergencia-para-pequenas-empresas/
- https://www.ledcmn.org/es/programa-agricola/
- https://www.ledcmn.org/small-business-emergency-loans/
- https://www.ledcmn.org/minnesota-emerging-entrepreneur-loan-program/
- https://www.ledcmn.org/ledc-launches-lending-promotion-to-support-small-businesses/
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What interest rate and fees should I expect on your farm loans and small-business loans?
Their website does not state a rate for this. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - How long can I take to repay?
No repayment terms are stated on their website. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$4.8 million in 9 awards from the U.S. Treasury's CDFI Fund, 2011–2024 (4 programs).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $625,000 |
| 2022 | CDFI Equitable Recovery Program | $1,096,473 |
| 2022 | CDFI Program, Financial Assistance | $560,000 |
| 2021 | CDFI Program, Financial Assistance | $225,000 |
| 2021 | CDFI Rapid Response Program | $1,180,000 |
| 2019 | CDFI Program, Technical Assistance | $125,000 |
| 2016 | CDFI Program, Financial Assistance | $500,000 |
| 2014 | CDFI Program, Financial Assistance | $350,000 |
| 2011 | CDFI Program, Technical Assistance | $100,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Dec 2023| Total assets | $15.4M |
|---|---|
| Total liabilities | $5.5M |
| Net assets | $10M |
| Total revenue | $7M |
| Notes and loans receivable, net (Part X line 7) | $5.2M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 51-0467167, filed as “LATINO ECONOMIC DEVELOPMENT CENTER”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Dec 2021 (990) | $11.6M | $6.2M | $19.5M | $2.9M |
| Dec 2022 (990) | $11.4M | $6.5M | $4.7M | $3.5M |
| Dec 2023 (990) | $15.4M | $10M | $7M | $5.2M |
Total assets grew 32% from Dec 2021 to Dec 2023; notes and loans receivable rose 80%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets, latest IRS Form 990 | $15.4M | Larger than 37% of the 19 other certified loan funds and venture funds in Minnesota with a matched Form 990 (median $21.7M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Form 990 total assets | certified loan and venture funds with a Form 990, in Minnesota | 19 | larger than 37% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section).
Other certified CDFIs in Saint Paul and Minnesota
- Hmong American Partnership ECDCLoan fund · Saint Paul, MNSmall-dollar / emergency loans, Equipment loans, Small-business loansVerified
- NeDA Centro de Finanzas LLCLoan fund · Saint Paul, MNOfficial list only
- NEIGHBORHOOD DEVELOPMENT CENTERLoan fund · Saint Paul, MNCommercial real estate loans, Credit-builder loans, Energy / solar / efficiency loans, Microloans…Verified
- Shared Capital CooperativeLoan fund · Saint Paul, MNCommercial real estate loans, Equipment loans, Affordable housing development loans, Small-business loansVerified
- University Financial Corp.Bank holding company · Saint Paul, MNAuto / vehicle loans, Commercial real estate loans, Home mortgages, SBA-backed loans (7(a)/504/Community Advantage)Verified
- WomenventureLoan fund · Saint Paul, MNSmall-business loansVerified
Work at Latino Economic Development Center? Link to this page
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