November 16, 2017 — "If you give someone a fish, you feed them for a day, but if you teach them to fish, you feed them for a lifetime." LiftFund helps entrepreneurs buy the pond where they fish. They help small business owners create and own assets to break the cycle of poverty in the United States through entrepreneurship.
Since 1994, this non-profit small business lender has provided capital to underbanked and underserved entrepreneurs. LiftFund has provided over 18,000 business loans totaling over $220 million to diverse entrepreneurs across 13 states.
LiftFund’s vision is that entrepreneurs, regardless of their backgrounds, should have access to capital. That vision is supported by several partners, including the Adrian Dominican Sisters, who have invested in LiftFund for many years through their Portfolio Advisory Board.
These investments have lifted Larissa Wilson, owner of Hannah’s Gluten-Free Bakery, to new opportunities. “For my family, baking is the language of love,” Larissa said. She and her daughter, Hannah, were devastated when they were diagnosed with celiac disease. Determined to continue baking, Larissa began creating her own flours, and Hannah suggested opening a bakery to bring gluten-free sweets to their community.
Larissa was unable to secure a loan from her bank for her growing bakery, so they referred her to LiftFund, where she received a $5,000 business loan to expand her business.
To learn more about LiftFund, and to help people just like Larissa, visit www.liftfund.com.
Insights, the Portfolio Advisory Board’s electronic newsletter (published quarterly), features stories about the socially responsible activities of the Adrian Dominican Sisters, including community investments and shareholder resolutions.
Shareholders End Silence on Gun Violence
Renaissance Marks 10 Years of Serving Families and Businesses
PAB among Faith-Based Investors Speaking Out for Standing Rock Sioux Tribe
LiftFund: Empowering Diverse Entrepreneurs, Businesses
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Portfolio Advisory Board, Adrian Dominican Sisters | 1257 E. Siena Heights Drive | Adrian, Michigan 49221
Phone: (517) 266-3523 | Email: