RAVALLI COUNTY ECONOMIC DEVELOPMENT AUTHORITY
Posts tagged Micro-loan fund
Chic Boutique gets Micro Loan
Oct 31st
Jeannine Cramer had a dream to open a resale clothing store featuring quality name brand clothing and childrens sports equipment. With the help of a micro loan from RCEDA, Jeanine will be opening Chic Boutique on Monday, October 31st just across the street from the Post Office on 4th Street in Hamilton. Resale or “used” clothing stores are becoming quite popular and this market is becoming very competitive. We are betting on Jeannine because of her business plan, customer and business connections, and her drive and determination. We are confident that Chic Boutique will be a successful addition to downtown More >
Harvest Moon Bakery Opens in Corvallis
Oct 17th
Harvest Moon Bakery opened its doors on September 27th to an enthusiastic response from the community. Harvest Moon got a Micro Loan from the RCEDA for start-up.
Eileen and Dave Roiter have been very pleased with the response to their new retail bakery right next to the high school in downtown Corvallis. Things were selling out quickly, but don’t worry they are making more. “We pride ourselves on making everything from scratch” says Eileen, with a selection that includes deserts and pastries, artisan breads and specialty cakes. Dave’s desserts are already well know around the valley, having been very popular More >
RCEDA makes another micro-loan
Nov 24th
Bitterroot Star – November 24, 2010 by Michael Howell
When Commissioner Jim Rokosch first conceived of the idea of establishing a micro-loan program to assist small businesses in the valley that did not qualify for traditional bank loans, Commissioner Carlotta Grandstaff immediately jumped on board. The idea was that the Ravalli County Economic Development Authority’s (RCEDA) loan program at the time was geared more towards helping larger businesses and projects while the small entrepreneur could easily fall through the cracks. Rokosch and Grandstaff successfully lobbied their fellow commissioners, got RCEDA to back them up, and a micro-loan program was put More >
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