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Impact Loan Fund, Inc.
1952 East Allegheny AvenuePhiladelphia PA, 19134-3122
CDFI Awards for Impact Loan Fund, Inc.
FA (2006) - $150,000
Impact Loan Fund, LLC (ILF) is a certified CDFI established in 1999. ILF provides micro-enterprise and small business loans to a qualified Investment Area of Philadelphia, PA. ILF will use the $100,000 Financial Assistance Award to increase loan activity and, as a result, create or retain jobs in the region. In addition, ILF will use a $50,000 Techincial Assistance Award to obtain loan management software, and to support the salary cost of a full-time executive director.
SECA (2000) - $50,000
The Fund"s $50,000 technical assistance award will pay for the development of loan policies and procedures, an accounting system, and a capitalization strategy; a market analysis; and training of staff members in small business financing.
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In keeping with this mission, the National Institute of Food and Agriculture has recently established the Common Bean Productivity Research for Global Food Security Competitive Grants Program in an attempt to develop approaches and methods that can efficiently address the various challenges facing common bean (Phaseolus vulgaris) production among small holder producers in food insecure countries.
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