“They’ve just always supported us, every step of the way.”
ENTREPRENEUER: Jennifer Fiore and Nina Lalli : MONDAYS
“We’re doing something really worthwhile and I know that the model we made works.”
MENTOR: VICKI WEINER
“I don’t believe that I would have been able to do this without WEALF.”
ENTREPRENEUER: ANNABELLE SANTOS: SPADET
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.
WEALF offers women a loan option without a credit rating requirement to receive both professional guidance and financial aid to jumpstart their businesses, gain additional exposure, and expand their knowledge within their market segment.