REAP News

A gold medal in your own community

Traveling to conferences seems to be the perfect way to get away, stop working, and get to know new places you haven’t visited yet.

Many clients think I take three or four vacations a year and have a robust budget for shopping, eating out and entertainment. 

The comparison reminds me of a picture I saw on Facebook about the value of a house and how it is seen by the lender, the seller, the buyer, your appraiser and your tax assessor.

REAP staff kept busy during 2016

Opportunity Finance Network Conference

Staff Jeff Reynolds, Juan Sandoval, Dena Beck and Kim Preston attended the Opportunity Finance Network Conference in Detroit, Mich., in November 2015. The conference provided an opportunity to further explore the possibilities of obtaining Community Development Financial Institution status. Staff made a number of key contacts.

Women's Business Center provides training and technical assistance

From September 2015 through May 2016, Women’s Business Center specialists and contracted technical assistance providers delivered 2,592 hours of business counseling to 733 clients. 

We have provided 138 training opportunities to 1,187 individuals. 67 percent of those trained were women. 224 start-up businesses have received assistance.

In the last year, the Women’s Business Center:

REAP loans almost 2 million dollars to small businesses in FY 2016

Fiscal Year 2016 was a record-setting year for Center for Rural Affairs’ Rural Enterprise Assistance Project (REAP). In 2016, we placed and leveraged over $2.9 million in loans and reached significant numbers of women and Latino entrepreneurs across Nebraska.

We are respected nationally as an outstanding microenterprise development program that serves rural entrepreneurs and small businesses in Nebraska. REAP is the largest rural microenterprise development program in the United States.

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