We achieved our CDFI Certification.

We are excited to say that we officially have our Community Financial Development Institution Certification, also known as CDFI.

Get to know McCIF

Our goal is to serve small business owners not eligible for traditional banking systems by offering access to capital and financial how-to assistance. Whether we assist you in skill or knowledge, loans, or other financial aid, McCIF can help your small business grow and prosper.

Briefly, the high points about us include:

Local nonprofit organization:

  • Providing economic development for Waco, Bellmead, Beverly Hills, Lacy Lakeview and Robinson
  • Se habla espanol

Access to capital:

  • Loans can be approved if the borrower’s credit score is as low as 500
  • Collateral is required on each loan

Business education and resources:

  • Through monthly education opportunities
  • And access to small business-related coaching resources

Things we can do for you:

McCIF can provide loans for the following things:

Working Capital

Equipment Purchase/Repair

Vehicle Purchase/Repair

Inventory Purchase

Refinance Existing Debt

Real Estate Purchase or Refinance

Click here to inquire about a loan


Information Buffet

Information Buffet is a luncheon that provides a variety of knowledge to further your business and help answer questions you need to make your daily operations smoother. Keep an eye out for new luncheons starting in September 2023.

Additional Resources

Extraco LINC x Fundica is a platform that aggregates various loans, grants, tax credits, accelerator programs and more based on key indicators of your business.

These indicators include:

  • business headquarter zip code
  • year of creation
  • number of full-time employees
  • last year of revenue for the business
Click here for more info

The People Behind McCIF

Andrea Barefield

Board Member

Andrea Barefield is a second-term Waco City Council Member representing District 1. She graduated from Sam Houston State University with a degree in Public Relations. Andrea joined the Texas Brazos Trail Region, which is a part of the Texas Heritage Trails Program, where she currently holds the title of Executive Director, leading the program in educating, engaging, and promoting cultural and heritage tourism in the 18 counties of the region.

Learn more about Andrea

Eduardo Vazquez

Loan Program Director


Eduardo Vazquez serves as the Loan Program Director at McCIF. As a native Wacoan, he graduated McLennan Community College in 2016. He spent almost 12 years in the credit union world. Eduardo is an active member of the Dean Highland Neighborhood Association. He is also a passionate advocate of limb difference/disability awareness, thanks to his daughter, Elena.

His wife, Catelia, inspired him to be a part of a nonprofit organization and everyday he strives to make his family proud and looks forward to continue building his life here with his family.

Learn more about Eduardo

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