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Borinquen Federal Credit Union
629-31 West Erie AvenuePhiladelphia PA, 19140
CDFI Awards for Borinquen Federal Credit Union
CORE (1999) - $240,000
Borinquen Federal Credit Union will use its $240,000 capital grant from the CDFI Fund to expand its loan products and loan production.
SECA (1998) - $52,500
With the CDFI Fund"s $52,500 technical assistance grant award, the credit union will enhance its ability to provide loans to its members through training for its staff in mortgage lending, marketing, teller services, the provision of development services to its borrowers and a new computer system and loan production software.
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Featured Government Grant Resources
Small Business Administration's Portable Assistance Program
The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.
Small Business Grants - Support for Veterans
The SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.
Social Entrepreneurship
Spotlight
Ashoka Unveils Gulf Program to Promote Social Entrepreneurship
Ashoka, a global platform for social innovation, introduced the Arab World Social Entrepreneurship Programme (ASEP) to support local social entrepreneurs in scaling up their operations in three key areas – healthcare, environment and women participation for inclusive growth.
