REAP News

Rapid Lending Pace: Good News for the Rural Economy!

Have you felt the buzz of entrepreneurship in your neighborhood? It is reverberating through the Center for Rural Affairs Lyons office as REAP staff are breaking all records.

As we head into the final month of this quarter (April, May, and June), our Loan Specialists have made 35 loans totaling $440,250. It's a sure sign Nebraska entrepreneurs are building and growing their businesses and the rural economy!

The big question: Can we reach the 50 mark before the end of June?

GROW Nebraska & REAP the Rewards!

Guest writer Sara Brownwood, GROW Nebraska Marketing Technology Director, contributed this article for our REAP 25th Anniversary celebration.

GROW Nebraska and the Center for Rural Affairs' Rural Enterprise Assistance Project (REAP) have partnered for over 15 years to help make Nebraska’s businesses strong. GROW Nebraska’s™ mission is to create sustainable economic development by supporting entrepreneurs and small businesses through promotion, market access, and education.

Bling by Zing Earns Nationwide Following

Since 2011, David and Kimberly Nelson have been designing and producing high-quality custom bling designs and applying them to t-shirts, sweatshirts, hoodies, jeans, backpacks, headbands, dance and cheer uniforms, sports jerseys, mugs, helmets, car/store windows, and more!

Fast (and Sickening) Facts About Payday Lenders

It might seem like a good idea when you're a bit short on cash, but payday loans are a trap. Payday lenders target low and moderate-income people. They advertise payday loans as a quick, easy way to help a person make it until the next payday.

In reality, payday loans begin cycle of chronic indebtedness. According to the Center for Responsible Lending, the average borrower ends up indebted for more than six months with an average of nine payday loan transactions at annual interest rates exceeding 400%. 

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