IowaMicroLoan

IowaMicroLoan

We are happy to announce that Northeast Iowa, through a partnership between the Northeast Iowa Business Network, the Northeast Iowa Food & Farm Coalition and Upper Explorerland Regional Planning Commission, is now a local affiliate for IowaMicroLoan. IowaMicroLoan is a program created to help Iowans realize their goal of achieving business success when there is a solid idea, team, and commitment to make it work. IowaMicroLoan was created for those microbusinesses that are considered on the fringe of risk-bearing capacity for most traditional financial institutions.

The IowaMicroLoan program was created by the Iowa Foundation for Microenterprise and Community Vitality (IFMCV), which is a 501(c)(3) tax-exempt nonprofit foundation created for the purpose of initiating and operating model programs that assist Iowa's community foundations, other tax exempt organizations, and agencies of government in addressing a full range of eligible approaches for enhancing the vitality of Iowa communities and rural regions.