October 3, 2018
Chicago Neighborhood Initiatives Micro Finance Group recently received a $400,000 grant from the U.S. Department of Treasury to provide even more small business loans and start-up loans to underserved communities. Photo Credit: Provided by Chicago Neighborhood Initiatives.
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$400,000 GRANT WILL INCREASE ACCESS TO CAPITAL FOR SMALL BUSINESSES
The U.S. Department of the Treasury’s Community Development Financial Institution (CDFI) Fund recently awarded a $400,000 grant to the Chicago Neighborhood Initiatives Micro Finance Group (CNIMFG). The grant money will allow CNIMFG to provide even more small business loans to the greater Chicago area, including businesses in the South Suburbs.