Expanding Your Capital and
Impact Fundraising for Your Venture
Accion Chicago formed a new collaboration with the Chicago Microlending Institute (CMI) to deliver microloan fund consulting services on a local and national basis.In light of the changes in the economy and the new realities for entrepreneurs, nonprofit organizations must step forward to provide a larger share of the capital access needs of small businesses.CMI’s objective is to increase the number, size, and effectiveness of nonprofit small business loan funds in underserved communities. CMI’s goal is to utilize Accion Chicago’s experience and expertise to build similar organizations that can provide small businesses with better service and enhanced prospects for success, both locally and nationally. Accion Chicago lends from $500 to $50,000 with terms from 2 to 72 months. Collateral filing fees and a commitment fee are added to the loan requiring no out of pocket expense at the time of closing. We require loans to be secured by collateral which is valued at liquidation or trade-in prices.
Makes the Biggest Impact
In today's hyper-social age, techniques like crowd-funding are taking a page from what nonprofits have done for decades - aggregating funds from a variety of sources and individuals to fulfill the need. Megan Kashner, Founder & CEO of the new crowd-giving site Benevolent.net will provide an inside look into the strategies, complexities, and promise of the crowd as a vehicle for meaningful giving. Megan will reveal insider insights into what motivates and inhibits individual giving online, and techniques that work to craft community and connection through social philanthropy.
Megan Kashner, LCSW, MBA
Founder & Chief Executive Officer
When & Where
Social Enterprise Alliance Chicago Chapter
Social Enterprise Alliance (SEA) is a nonprofit association of individuals and organizations building effective, more sustainable nonprofits through earned income strategies. SEA has emerged as the common ground for practitioners, lenders, investors, grant makers, consultants, researchers, and educators who recognize the increasing impact of social enterprise. SEA provides its members with current information, tools, and other resources that address the unique needs of social enterprises