Support Women in Business:
Donate to Women's Enterprise Action Loan Fund Today
The mission of the Women’s Enterprise Action Loan Fund, (WEALF) is to help women business owners become financially self-sufficient. We provide an interest-free loan of between $5,000 and $10,000 and one-on-one mentoring. The fund fills a niche for women who cannot obtain financing for their businesses from traditional sources. At WEALF we recognize to succeed, business owners need more than money, they need advice and mentoring. Thus, an integral and unique part of our program is our network of experienced mentors who provide one-on-one nurturing advice and guidance. Celebrate our success stories and what our participants have to say by clicking here. Donate to WEALF to sponsor one of our women who is growing her business.
1. Sponsorships: Your donation will help a woman entrepreneur in making her company a success. With your donation of $1,000 or more, you will receive the name of a company we sponsor and will receive periodic updates on its progress.
2.: Donations will help WEALF include more women in the WEALF program. All donors will receive annual reports of WEALF progress.
3. As a donor you will receive a quarterly newsletter with profiles of women in the program as they achieve milestones in their businesses.
Sponsor the growth of women in business donate to WEALF today. WEALF has 501 (c)(3) status through our affiliation with the Business Center for New Americans (BCNA)
How To Donate
Credit card donations can be made online, by clicking here to visit the
WEALF DONATIONS PAGE .
Checks: Please make checks payable to: Women’s Enterprise Action Loan Fund Donations should be mailed to: Yanki Tshering, BCNA Executive Director, 120 Broadway, #230 New York, NY, 10271
Giving through your retirement accounts: If you are over age 70 1/2, you may give a gift from your IRA as a tax-free distribution. This means an amount up to $100,000) transferred from your IRA directly to Women’s Enterprise Action Loan Fund, can count toward your minimum required distribution without being considered taxable income for you.
Email Us: Please email us with any questions or comments at: email@example.com.
Success Stories Below Show how your money is used
Annabelle Santos, SPADÉT
Manufactures of pure, all natural and non-toxic personal care products using green chemistry with zero waste.
WEALF provided an initial $5,000 loan and mentors. WEALF mentors helped Annabelle with label and branding issues, and to understand how to cost her product, as well as general business guidance.
As a minority business owner, Annabella has become certified as a vendor to New York City and New York State. Recently, SPAdet was awarded a contract to supply Foaming Castile Soap to La Guardia Community College and is now exploring other major contracts.
Her words… "Thank you very much for the various ways you have supported me as an entrepreneur and in the numerous financial needs I have encountered to grow my business. WEALF has provided me with the mentorship, guidance and financial support to grow quickly. I am filled with gratitude and hope knowing that there are organizations like WEALF that are committed to helping women entrepreneurs. It is my goal to succeed and build an empire that serves many, not only my customers and the environment, but also other entrepreneurs who can benefit from my experiences.” Donate Now
Jennifer Fiore & Nina Lalli’s, MONDAYS
Unique, handmade pottery
Jennifer and Nina met in a Brooklyn pottery class, and decided to work together to build a business. Unlike many who seek WEALF assistance for financing to expand and grow, MONDAYS had a unique problem … demand that they could not fill.
WEALF mentors taught Jennifer and Nina how to record their income and expenses; to better manage their cash flow and profit margins. Both Jennifer and Nina work two jobs to support themselves so mentors helped them with time management. They hired interns and began paying them hourly, allowing them to focus on the more creative aspects of their business like designing higher margin items while assistants mix glazes or roll out clay slabs. With a second loan from WEALF , they were able to buy a second kiln to expand production and meet demand more easily. Jennifer and Nina supply the dishes for 4 star restaurants like Blue Hill at Stone Barns and trays for the society cater Great Expectations.