The Michael Scott Mater Foundation (MSMF) provides green microloans and business training to build sustainable communities. Its mission is to create opportunities through financial resources, workforce training, cultural exchanges, and sustainable solutions. The Green Microloan Initiative offers business planning classes, mentoring, and loans up to $50,000 to help established or new businesses launch sustainably. Applicants must submit a viable green business plan and participate in training to qualify. Success stories from past loan recipients in Charlotte are shared on the organization's website.
1. MICHAEL SCOTT MATER FOUNDATION
BUILDING SUSTAINABLE COMMUNITIES
Adam Krynicki
GMLI Program Manager
WWW.MSMF.ORG
2. Agenda
About MSMF
Our Sustainable Focus
Green Business Planning Classes
What is a Green Micro Loan?
Program Details
Get Started
WWW.MSMF.ORG
3. Our Vision
We envision sustainable communities – socially, economically, and environmentally.
BUILDING SUSTAINABLE COMMUNITIES
Sustainable Sustainable Sustainable
Resources People Economies
Sustainable Solutions School for School Green Microloans
Promoting the development and of Providing cross cultural Provide financial resources, literacy
green technologies and sustainable exchange, volunteer and financial resource to under
practices throughout the world opportunities resourced community
WWW.MSMF.ORG
4. About MSMF
Our Mission
The mission of MSMF is to create opportunities for individuals and communities
by providing financial resources, work-force training, cross cultural exchanges and
sustainable solutions to real world challenges.
Green Microfinance Mission
The mission of the GMLI is to empower entrepreneurs to realize their full
potential by providing financial literacy, green business planning
classes, and access to capital.
WWW.MSMF.ORG
5. Green Business Plan Classes
Business Classes
Our workshops focus on a different aspect of the
business plan each class. Each class is designed
for students to actually complete different
components of their plan.
Community Mentors
MSMF provides resources to small businesses
by providing mentorship and connecting them
with other business owner or mentors in the
industry.
One-on-One Coaching
Work with a member of our team one-on-one to
flush out the details of your business plan.
WWW.MSMF.ORG
6. What’s a Green Micro Loan?
mi·cro·loan [mahy-kroh-lohn]
–noun
a very small, short-term loan at low
interest, especially to a start-up
company or self-employed person.
A micro-loan is an OPPORTUNITY
WWW.MSMF.ORG
7. Micro Loan Application Requirements
Viable business plan that includes a sustainability plan
Financial considerations
Character considerations
Satisfactory attendance in Green Business Planning Class
Regularly meet with coach & mentor (as needed)
Active participation in reporting & evaluation
WWW.MSMF.ORG
8. Typical Micro Loans
• Business Loans up to $50,000: for established
profitable businesses
• Start-Up Loans up to $30,000: for businesses
with 6 months in operation, but that are not yet
profitable.
• Transition Business loans up to $30,000: for the
purchase of an existing business or a change in
business location
*Not everyone will qualify for a micro loan. The process is selective due to the nature
of business. Because an additional unpaid loan would create financial hardship, it
is a disservice to issue a loan to a candidate who cannot repay.
WWW.MSMF.ORG
9. Previous Micro Loans in Charlotte
Grady Parker Thomas Elijah
Charlotte, NC Charlotte, NC
Loan Amount: $ 20,000 Loan Amount: $ 2,800
WWW.MSMF.ORG
11. Questions?
2133 SouthEnd Dr , Suite #108
Charlotte, NC 28203
(980) 207-3260
www.msmf.org
microfinance@msmf.org
Thank you!
WWW.MSMF.ORG
Notas do Editor
Main page
Founded in 2008 by US Army Veterans, MSMF is a 501 (c)(3) international non-profit organization that creates sustainable communities through empowering individuals.
First, let’s talk about micro-lending. What is a micro-loan? At MSMF, we believe that a micro-loan is more than an loan. It’s an opportunity. How is this different than a traditional bank loan? While MSMF takes precautions to mitigate risk, our loan requirement are more flexible, so folks with imperfect credit or those lacking collateral have the opportunity to access capital.
Eligibility for different loan types depends on your business plan and your financial need. You will assess these needs throughout the business planning course.
Grady Parker has been trying to open a veteran’s shelter for years in Charlotte. After receiving a lifetime grant from the Department of Veteran’s Affairs, he needed a small loan to get him started. MSMF gave him a loan of $20,000 and helped him leverage over $50,000 from multiple sources. After years of waiting, the project is moving ahead as planned.MSMF helped Thomas take his idea for an energy audit and weatherization business from idea to reality by helping him build his business plan, and by giving him the money he needed to buy equipment. Thomas was able to use this loan and pay off this loan within 6 months.
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