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The Red Shoes Lifting Loans Program
The Red Shoes is
“stepping out” in a new way to support women in our community.
Through a generous and caring gift that has been entrusted to The Red Shoes
as a starter fund, we are offering a micro loan program, Lifting Loans,
for women entrepreneurs. Through the Lifting Loans program we are
able to assist women in becoming successful as business owners. Sometimes,
all that stands between a capable woman with a good idea, and success, is a
small amount of start up capital. Inspired by the Grameen Bank, Nobel Peace
Prize winning success story, our donors realized that a relatively small
amount of money can make a tremendous difference. In studying the Grameen
model, we also became aware that women who had women in their own community
to support them, were far more successful in their business ventures and in
paying back their loans.
Lifting Loans can help women with responsible business plans and
strong work ethics change their dreams into reality. Women may apply for these
loans after going through certain business training provided by our partner
agencies in the community. We have found wonderful partners who have helped
us plan and implement this program including UREC (Urban Restoration
Enhancement Corporation), The YWCA, the UEP Gulf Coast Coaching Program,
the NAACP, Southern University’s Center for Social Research and Louisiana Small Business
Development Center.
As part of this program, we are recruiting women to volunteer as mentors or
coaches for each loan recipient.
Women
Helping Women, that’s what
The Red Shoes Lifting Loans program is all about!
The
Red Shoes: A Center for Personal and Spiritual Growth, Inc.
is a non-profit organization with a 501 (c)
(3) tax status under the Federal Internal Revenue Code.
Half of all tuition fees are tax-deductible
as well as contributions to The Red Shoes.
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