Address
28 N. Grove Ave. Suite 10
Elgin, IL 60120
Website
www.fvmlf.org
Description
The Fox Valley Micro Loan Fund is dedicated to promoting small business development by providing business loans of up to $25,000 to small business enterprises, within minority and under served populations, who do not meet traditional lending requirements. Our Community Development Mission is aimed at enabling men and women to gain economic independence, personal confidence and business skills. When we are successful, jobs are created, communities are strengthened, and long-lasting economic improvements are achieved.
We partner with area organizations, such as the Service Corp of Retired Executives (SCORE), the Small Business Development Centers (SBDC) and the Small Business Administration (SBA) to make sure that entrepeneurs have the skills they need to grow their businesses.
Founded in 1999, The Fox Valley Micro Loan Fund is a certified Community Development Financial Institution (CDFI) and a 501 (c) (3) not-for-profit organization.
Category
Community, Volunteerism & Philanthropy