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PROGRAM-RELATED INVESTMENTS (PRIs)

A Strategic Tool for Economic Growth in Arkansas

Program-related investments (PRIs) are mission-driven investments that support financial tools—like loans and guarantees—to advance equity alongside grants. WRF utilizes PRIs to expand access to capital for communities that are often excluded from traditional finance. We invest in Community Development Financial Institutions (CDFIs), and other trusted organizations that help build wealth, grow businesses, and create more just economic systems in Arkansas.

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WRF’s PRI strategy is data-driven and responsive to the needs of Arkansans. We invest to:

Expand Small Business Support

Collaborative projects like the Delta Owned Fund, administered by Communities Unlimited, provided critical capital and business support for small businesses in the Arkansas Delta during the COVID pandemic.

Strengthen Financial Infrastructure

WRF commissioned a Capital Access Study with Winrock International to assess barriers to funding and launched the Grow AR Own initiative to strengthen Arkansas' entrepreneurial ecosystem.

Serve the

Underbanked and Underfunded 

PRIs support  Hope Credit Union, Southern Bancorp Community Partners and other CDFIs to provide financial services to those traditionally excluded from the banking system.

CURRENT PRIs

Click the arrows to learn more 

Aristotle Unified Communications

Amount: $500,000

Line of Credit guarantee to support broadband expansion in the Arkansas Delta. 

Community Investment Guarantee Pool (Locus Impact Investing) 

Amount: $1,000,000

Guarantee to support expanded community investments and lending by Arkansas CDFIs. 

Communities Unlimited 

Amount: $500,000

Long-term loan to support small business lending in Arkansas. 

Diamond State Ventures II

Amount: $500,000 (original investment) 

Long-term investment in Arkansas venture capital fund. Investment fully returned as of 2025. 

Hope Enterprise Corporation

Amount: $1,000,000

Long-term loan to support lending to Arkansas small businesses. 

Southern Bancorp, Inc. (SBC)

Amount: $5,256,836

Long-term equity ownership. 

People Trust Community
Loan Fund

Amount: $500,000

Long-term loan to support lending to Arkansas small businesses. 

Southern Community Partners 

Amount: $1,000,000

Long-term loan to support lending to Arkansas small businesses. 

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CONTACT US

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225 East Markham Street Suite 200
Little Rock, Arkansas 72201

Phone: 501-376-6854

 

Fax: 501-374-4797

 

Foundation Hours:
9:00 am — 5:00 pm CST

 

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