“Your dream – our mission.” That’s the motto of Community Ventures , a community development financial institution (CDFI) that has been serving Kentucky since 1982. Today, they operate five offices throughout the state and are committed to improving the quality of life for all of its citizens. In the 1990s, Community Ventures began offering microloans of up to $50,000 to small businesses and entrepreneurs who are unable to obtain them from traditional lending providers. Because of this practice, they have awarded the most loans statewide and are regularly recognized for their contributions to economic development. The Kentucky Small Business Association recently named them “Microlender of the Year” – for the 20th consecutive time. “Clients usually walk in with a basic idea and we help flesh out a complete business plan,” said Kevin Smith, President and CEO. “We then determine the financials of the loan, identifying how much start-up capital will be required and how much debt the client can assume. After the loan has been approved, our team of business trainers continues to offer their assistance as needed.” Economic downturns often propel CDFIs into the spotlight, and the pandemic was no exception. In 2020, the demand for microloans grew […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
