By Vickie Chi and Vashnav Pandey | Co-Presidents
Dear Supporters of LEND,
In the past few months, LEND has been working closely with the Evanston City Council to provide financial resources for small business owners. After extensive due diligence, we are happy to announce that we are now working with two new loan clients.
In May of this year, we approved a 6000-dollar loan to Badou for his business on Howard Street. The concept of starting a Senegalese restaurant in the intersection of Evanston and Chicago emerged from Badou’s dream of introducing the at-the-time foreign Senegalese culture to the neighborhood. Since the inception of Badou Senegalese Cuisine, Badou has done tremendously well in connecting with his customer and bridging the community. The 6000-dollar loan will go towards enhancing his current operations to meet with growing demands. More specifically, it will fund the purchase of a new oven, microwave, and the hiring of a delivery employee.
Two months following Badou’s loan, LEND approved a 5000-dollar loan to Clarence for his Mini-mart on Church street in Evanston. The Mini-mart on Church Street has served as a local community center for a decade. The loan will go towards expanding the Mini-mart’s product offerings by building a deli counter as a healthy dining option. Additionally, he will also be investing in an A.C unit to maintain the quality of his inventory.
As always, we greatly appreciate your support and enthusiasm for LEND. We hope to continue our efforts in building meaningful partnerships to help empower and support small businesses in the Evanston community.
Sincerely,
Vickie Chi and Vashnav Pandey
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