BUSINESS MICRO-LOAN PROGRAM
Many of our CDL parents have a desire to start a business but don’t have the means to turn their dream into a reality. Our Micro-loan program works with these entrepreneurs to develop a strategic plan, and then provides the funding to get the business off the ground. Some of CDL’s entrepreneurial women have started businesses in the beauty, sewing and food industries.
Once a business becomes viable, the entrepreneur pays back the loan, which is then used to fund another loan for an up-and-coming local business. This model has proven highly successful in long-term community development and employment creation for impoverished women.