Did you know that some of the most successful businesses in Utah started with a microenterprise loan?
Over the past eighteen years, the Utah Microenterprise Loan Fund has worked in partnership with members of Utah’s financial banking community to help launch or expand more than 760 small businesses across the state.
Through our loans ($1,000-$25,000), we’ve been able to help people with low to moderate incomes supplement their earnings. We’ve helped women find the flexibility they need to balance their work and families. We’ve worked with child care providers to increase the number of children they are able to have in their care. We’ve also helped minorities, immigrants and people who have been injured in the workplace find economic security through ownership and operation of their own small businesses.
Whether a small business is a sole source of income or a crucial supplement, Utah microenterprise loans help provide the necessary capital to put individuals and families on the road to greater self-sufficiency. Working together with our clients and our financial partners, we build healthier families, stronger communities and most of all — brighter futures.