Finance/Micro-Loan Programs

Persistence pays off.

This topic contains 0 replies, has 1 voice, and was last updated by  Judith Coleman 2 years, 5 months ago.

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    Judith Coleman
    Participant

    Hi, this is for any one having difficulty finding a financial institution to partner with. Don’t give up! It took us almost a year to find our partner and we started out slowly. Our first deposit to the account that would be used for collateral was for $2,000. Three and a half years later, that account now has a balance of $22,500 (we are a very small conference). More importantly, we have loaned out $23,400 against that amount and have more than $9,100 left to be loaned. This program is self-funding after a point. We can help people out to the tune of $9,100 and it won’t cost us 1 penny. Stay strong, keep focused – this program is worth your efforts.

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