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Central Appalachian Peoples Federal Credit Union
Berea KYCDFI Awards for Central Appalachian Peoples Federal Credit Union
TA (2005) - $75,000
Established in 1980, CAPFCU provides saving products and loans from three different branches. CAPFCU will use the 2005 TA grant of $75,000 to develop marketing materials and update its website, purchase new hardware and business lending software for use at its branches, for staff training in SBA lending, and for network installation at its two newest branches.
CORE (1997) - $575,000
A $425,000 grant. a $ 100,000 loan and a $50,000 technical assistance grant from the Fund will be used to help capitalize a new branch, build lending capacity, and establish a government guaranteed secondary market and home lending program.
Other Community Development Financial Institutions in Kentucky
CNC Development Corporation, Inc.
Paintsbille
Community Ventures Corporation, Inc.
Lexington
Louisville Development Bancorp, Inc.
Louisville
Featured Government Grant Resources
Small Business Administration's Portable Assistance Program
The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.
Getting Money to Start a New Business
Starting a new business can be an exciting venture -- unfortunately, it can also be quite expensive as well. In order to get the money that you need to get your business off of the ground, you might be...
Social Entrepreneurship
Spotlight
5 P’s of Social Entrepreneurship
Monika Mitchell, founder of Good Business New York, asks, Do You Have What it Takes to Be a Social Entrepreneur? She lists down the five P’s essential in every entrepreneur: Passion. Purpose. Plan. Partner. Profit.
