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Covid-19 Emergency Response Fund

by Lending for Evanston and Northwestern Development
Covid-19 Emergency Response Fund

Summary

This pandemic threatens to decimate small businesses throughout the United States. We are providing emergency funding and pro-bono business consulting for small businesses that are experiencing decreased revenues. All of the loans will be zero interest with delayed starting payments. We do not take collateral. We hope to encourage others to create similar projects in their neighborhoods. We know a lot of you feel very helpless at the moment, this is a great way you can help out!

$50,000
total goal
$49,945
remaining
4
donors
0
monthly donors
1
fundraiser
5
months

Challenge

Small businesses do not have the savings required to weather the coming storm. We are looking to bridge this temporary gap and help them get back on their feet in the coming months.

Solution

We will provide micro loans at zero interest. We will also provide pro bono business consulting to help small businesses navigate new issues such as: changing work force, legislation, taxation policies. We will help them brainstorm new ways to generate revenue and help them cut costs.

Long-Term Impact

We hope to keep a lot of small businesses afloat that may otherwise not make it through the next six months. We will also serve as a model for other communities.

Resources

http:/​/​www.lendevanston.org

Organization Information

Lending for Evanston and Northwestern Development

Location: Evanston, IL - USA
Website:
Facebook: Facebook Page
Project Leader:
Femke Munting
Evanston, IL United States
$55 raised of $50,000 goal
 
4 donations
$49,945 to go
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