At Women's Enterprise Action Loan Fund (WEALF), we help women build successful businesses. We know the process takes more than money; that is why each of our entrepreneur's works with a experienced business woman, a mentor, to turn her business from a startup into a major player in the New York City business landscape. Learn more about our approach, read the success stories of our entrepreneurs below and get involved by donating.
ENTREpreneur: ANA BIANCHI
Ana Bianchi launched PaperGirl Collection in 2015, a clothing line for little girls 9 months to 7 - 8 years old. The collections are sold in select boutiques and online at PaperGirlCollection.com shipping to moms around the world. PaperGirl Collection has also been featured in department stores like Bergdorf Goodman in New York and Neiman Marcus nationwide. Recently, as a way to express her view around living creatively, at home and with her creative business, Ana has started a lifestyle blog OurIllustratedLife.com
Ana designs the dresses in silhouettes that combine classic styles from her childhood with modern simplicity. Combining her love of drawing with her dress designs, she created artwork for all the fabrics used for the dresses, which is custom printed on 100% cotton. All dresses include a storybook and the prints on the fabric match the story. Cute companion toys, framed wall art, wall paper and decal mural are available (special request) to extend the artwork and imaginative story-telling beyond the dresses into the little girls’ rooms.
Late this Summer two of her storybooks will be published by Gingko Press. “The Sailor who loved to draw” and “The Swimmers: making paper-cutouts like Matisse” will be available as hardcover books in bookstores, museum gift shops. Preorder at PaperGirlCollection.com will start in May.
Her Words “Having the mentors of WEALF at my side has been like having a group of smart and wise fairy godmothers. They are always knowledgeable and thorough with how-to questions, kind when delivering advise -even when it is about something going wrong in the business- and, above all, truly supportive all along the way "
Entrepreneur: Annabelle Santos
Manufacturer of olive oil beauty care products for skin, body and hair. WEALF provided an initial interest free $5,000 loan and a mentor. Her mentor helped Annabelle with label and branding issues, as well as general business guidance utilizing the talents of several different WEALF advisors. As Annabelle grew her business, WEALF provided additional loans and helped her secure a loan from the Business Center for New Americans. In addition, WEALF redesigned the Spadét website to reflect the uniqueness of her products and make the site user friendly.
As a minority business owner, Annabelle became certified as a vendor to New York City and New York State. This has led to significant supply agreements with several major educational institutions, and is now exploring other contracts. Recently, Spadét products debuted in Whole Foods new Harlem location. Annabelle, is one of the winners of the prestigious American Entrepreneurship Award for 2017.
Her words… "Thank you very much for the various ways you have supported me as an entrepreneur. 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.”
ENTREPRENEURS: JENNIFER FIORE & NINA LALLI
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. Jennifer and Nina supply the dishes for 4 star restaurants like Blue Hill at Stone Barns and trays for the society cater Great Expectations. They also have their designer pieces in select boutiques.
THEIR WORDS... "We have received three WEALF loans in the past three years--each has come at a pivotal moment in our business and helped us to grow at a rate that would not have been possible without this support. Obviously, the money has been crucial, but it would be meaningless without the mentorship and this network of inspiring women who truly want us to succeed too. In these three years we’ve doubled our sales.
The tough love and financial advice we have received from Vicki Weiner and our mentor Susan Ulin, helped us to understand how to track our finances so we could determine which aspects of our business were actually profitable. They challenged us to think about our production in ways we hadn’t considered, and consequently we have started to shift into a more high-end market. An ancillary benefit of this is that we are making work that excites us more creatively. The women of WEALF have never tried to change who we are, never made suggestions that would veer us towards a business model that might make more money, but not be true to our passion. They have believed that our unique, handmade work has a market that can support us—and convinced us of that in the moments when we’ve doubted it."
ENTREpreneur: Roshanak yousefian
Roshanak Yousefian created and owns Popilee Patisserie, a NYC-based patisserie specializing in authentic handmade Persian sweets. Her love for the culinary arts started early, as a young girl in her aunt’s kitchen in Mazandaran, Iran). Popilee grew out of her desire to combine her passion for cooking with her desire to preserve and share the exquisite cuisine of Iran with others. For Roshanak, baking is a work of art, with each pastry made lovingly by hand, with the finest organic and traditional ingredients. Today, her pastries fill the "sofreh-aghd" of Manhattan weddings as well as the dessert tables of private events throughout her city. Popilee continues to expand, now catering all-things Persian. Her appetizers have recently adorned the dinner tables of events throughout New York including the annual Noruz at the Met gala held at the Temple of Dendur.
Her Words "I know the value of good mentorship first hand and owe the success of Popilee to my advisers from the Women’s Enterprise Action Loan Fund; who encouraged me to focus on authentic Persian cooking and build my business to fill an unmet niche."