Louisa County Entrepreneurship
LIFE Microlending was founded in 2008 as a grassroots efforts to promote job growth and economic development through the support of Louisa County’s innovative entrepreneurial class.
Louisa County. Innovative. Entrepreneurial.
Yes. In fact, you could even say that Louisa County has an entrepreneurial spirit. It’s a spirit at the core of Wapello’s locally-owned manufacturing sector. It’s at the heart of downtown Columbus Junction’s numerous Latino-owned restaurants. It’s the key to success of Morning Sun and Grandview’s specialty retail shops, like Yes, Virginia and Barnyard Blooms.
LIFE Microlending Partnerships
LIFE Microlending partners with local and regional organizations and businesses to sponsor programs and events for entrepreneurs and community leaders. Working with community banks to maintain a revolving loan fund to support entrepreneurship, LIFE Microlending administers microloans (up to $5,000) to Louisa County entrepreneurs.
What is a Microloan?
A microloan is a small, shorter term loan made to small businesses to provide working capital, inventory, purchasing equipment and general startup funds.