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Detroit Development Fund #1

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hampelm opened this issue Mar 11, 2015 · 0 comments
Open

Detroit Development Fund #1

hampelm opened this issue Mar 11, 2015 · 0 comments

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@hampelm
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hampelm commented Mar 11, 2015

Between 2002 and 2014, DDF issued 231 small business loans. Last year, the average business loan was $123,000. Since 2005, 100 percent of their loans have been made in the city, and of the 147 loans DDF has issued over the past five years, 75 percent have been to minority-owned companies.

http://www.wkkf.org/what-we-do/featured-work/detroit-development-fund-provides-capital-to-small-businesses-to-help-the-citys-economy-thrive?utm_source=wkkf&utm_medium=socialshare&utm_content=granteestory&utm_campaign=wkkfdigital

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