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Statewide Microloan Fund Continues to Grow to Support Women Entrepreneurs

This fall the first loans from the Michigan Women Forward’s (MWF) Community Impact Notes (CIN) will be deployed to help Michigan women grow their businesses.  

A year ago, MWF, a CMF member, launched CIN, a revolving microloan fund as a vehicle for foundations, family offices, corporations and banks to provide impact investments into MWF. 

MWF says $10 million of CINs are now being raised throughout the state to provide loans to low- and moderate-income women, primarily women of color. Interest from the fund and the microloans will pay for at least half of the deployment costs and technical

This fall the first loans from the Michigan Women Forward’s (MWF) Community Impact Notes (CIN) will be deployed to help Michigan women grow their businesses.  

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