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Our Mission:

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Our Mission: To fulfill the American Dream of financial inclusion for immigrants, refugees, women and others in need by building wealth through business development ... – PowerPoint PPT presentation

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Title: Our Mission:


1
  • Our Mission
  • To fulfill the American Dream of financial
    inclusion for immigrants, refugees, women and
    others in need by building wealth through
    business development expansion, savings, and
    homeownership.

2
Programs at the Business Center
  • Micro-enterprise Development - loans up to
    50,000 one-on-one technical assistance
    workshops on business management and eCommerce.
  • Individual Development Account Program for
    Refugees Basics of Money and Assets 1 to 1
    match.
  • First Home Program group workshops and
    individual counseling down payment assistance
    programs.


3
Micro-enterprise Development
  • 1,658 loans for a total of 11 million
  • One-on-one consulting to over 450 businesses per
    year
  • Workshops in eCommerce business management
  • Equity Technology grants IDA Program, eBay
    Foundation Techquity Award Program, Women
    Company Boost Program, DHL Awards, Google

4
BCNA's Technology to Boost Your Bottom Line.
  • Workshops and training classes at BCNA on how to
    use technology to manage your business
  • Assistance with on line presence and social media

5
  • Credit Enhancement Loans of 500 to 3,000
  • Ibrahima Bah, a car service driver in
    Brooklyn BCNA loan client was helped by BCNAs
    Manager of the Refugee Program to remove
    approximately 70,000 of erroneous debts from Mr.
    Bahs credit history.

  • One-on-one credit counseling
  • Consultations on on-line marketing
  • Guidance on setting up an accounting system
  • Advice to clients purchasing technology

6
Street Hail Taxi Loans
  • 1,500 to 3,000 to help taxis qualify for
    street-hail license

7
Emergency Cash Flow Loans5,000
  • Contacted all BCNA loan clients to find out how
    they had been affected.
  • Disbursed 41 loans for a total of 161,000 at no
    interest no pmts. for 3 months at 5 from
    the 4th month
  • Disbursed an additional 56 loans for a total of
    433,500
  • White Poodle Pet Grooming shop in Brooklyn,
    Manhattan Beach. They used the loan to move to a
    new location

8
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