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Latino Economic Development Corporation (LEDC)
Washington DCCDFI Awards for Latino Economic Development Corporation (LEDC)
FA (2008) - $595,050
The Latino Economic Development Corporation (LEDC) is a certified CDFI established in 1991 to improve the wealth-building capacity of low- and moderate-income Latinos and other underserved populations in the Washington, DC metropolitan area. LEDC provides small business micro-loans, homeownership counseling, and organizing services to preserve affordable housing. LEDC will use the FY08 Financial Assistance award of $495,500 as lending capital and the FY08 Technical Assistance grant of $99,550 to hire a new Loan Officer to help LEDC expand further into DC’s suburbs, especially Virginia.
TA (2003) - $50,000
LEDC has been awarded a $50,000 Technical Assistance grant to acquire consulting services to: conduct a market analysis; update loan & risk mitigation policies; new product development; and market survey design & development.
Other Community Development Financial Institutions in District of Col
Banc of America CDE, LLC
Washington
CFBanc Corporation
Washington
City First New Markets Fund II, LLC
Washington
Consortium America, LLC
Washington
Cornerstone, Inc.
Washington
CSDC New Markets Fund, LLC
Washington
DC Housing Enterprises
Washington
Faithworks
Washington
FINCA USA, Inc.
Washington
Home Depot New Markets Corp., Inc.
Washington
Housing Assistance Council
Washington
National Fund for Enterprise Development
Washington
NT CDFI, Inc.
Washington
Partners for the Common Good
Washington
Telesis CDE Corporation
Washington
Washington Area Housing Trust Fund
Washington
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Minority Business Enterprise Centers for Minority-Owned Businesses
The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.
Social Entrepreneurship
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When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
