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It’s Official! We Just Got Ourselves a Loan Fund!

11/4/2013

4 Comments

 
By Sarah McGowan Dear

The Sharing Economy just got a new tool for its toolkit, friends!

I’m thrilled to announce that the ASECO Community Revolving Loan Fund is now officially funded!

This past week, we surpassed our fundraising goal on Indiegogo, raising over $6,000 from over 70 donors, almost half of whom are time bankers in Los Angeles and beyond! (Our campaign is still ongoing through November 15th, so if you have not yet donated but would like to support the fund, there’s still time!)

The first-ever of its kind to serve a Time Bank, our loan fund will begin offering micro-loans in the amount of $500-5,000 to members with small businesses or worker-owned cooperatives. You can find all of the loan eligibility, criteria and terms now listed on the Loan Fund’s web page.

Our community-driven, community-supported and community-managed micro-loan program will help members purchase needed equipment and supplies, scale up business and support their scalable growth.

The application is now available, so if you’re interested in applying for a loan, simply complete the application and submit it now. We’ll begin reviewing them with a peer review panel in January 2014.

It’s exciting to see a year’s worth of research and development take shape. I’m truly honored to be a part of this project and look forward to seeing it spread its wings.

Many thanks to all of the Time Bank members who pitched in and gave what they could for this project. It’s proof that our social capital has the power to keep on giving through the Sharing Economy!

For more information, contact me at asecolocaleconomy@gmail.com

4 Comments
click to visit my site link
4/20/2014 09:44:21 pm

By having this fund you are going good because these types of funds are always helpful and provide the best benefits they have in it. So many people are interested to offer funds that are a great thing to do. Finance is the basic requirement and we all need to have this.

Reply
kids birthday parties link
9/21/2014 02:20:33 pm

This is a great post ! it was very informative. I look forward in reading more of your work. Also, I made sure to bookmark your website so I can come back later. I enjoyed every moment of reading it.

Reply
Sharon Coolidge
5/17/2017 11:19:24 am

I live in USA Florida and i am a happy woman today? I told my self that any Loan lender that could change my Life and that of my family, i will refer any person that is looking for loan to Them. If you are in need of loan and you are 100% sure to pay back the loan please contact them and please tell them that Mr Alfred Kessinger, Lynn referred you to them. am.invest@hotmail.com

Reply
Ben Snyder
11/11/2020 05:38:20 am

I urgently needed a home loan but could not qualify for one due to my poor credit, I had a very low FICO and I had some inquiries, late payments and repos on my credit report, I really needed to fix my credit so I could get a home for my family. I confided in a friend and he was kind enough to introduce me to LANX CREDIT SOLUTION, they were able to fix my credit and add some positive trade lines to my credit, with a clean credit and a FICO of 782. Writing this review because I just got the loan I’ve been looking for. You can get through to them via
PHONE: (310) 879 2541
Email: LANXCREDITSOLUTION@GMAIL.COM
Thank you for your time.

Reply



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