Inner Visions of Cleveland has partnered with Positive Plus (a women’s support group) to create a micro loan program that will help seed group member’s entrepreneurial pursuits. La Shaunda Lee is the first recipient. She needed $900 to expand her supplies for her small business.
She raised $300, Inner Visions granted her $300 and Positive Plus loaned her $300 for six months. Two Positive Plus members will provide LaShunda guidance and support to assure she can pay back the loan. Once LaShaunda repays the loan, her support members are eligible to apply for a grant from Inner Visions and a loan from Positive Plus.