The goal of the Women’s Enterprise Action Loan Fund, (WEALF) is to help women business owners become financially self-sufficient.
The fund fills a niche for women who cannot obtain financing for their businesses from traditional sources. WEALF provides a first round, interest-free loan of between $5,000 and $10,000 coupled with one-on-one mentoring for businesses. Our focus is local: the New York Metro area.
We recognize that money alone is not enough; to succeed, most business owners need advice and mentoring which is most effectively provided on a personal, one-to-one basis. As a result, an integral and unique part of our program is our network of experienced mentors who provide nurturing advice and guidance.