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In November 2006 Neighborhood Trust FCU approved their $12,250
loan to secure a city permit to sell in a park of the South Bronx.
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They were able to take their business to the next level and open their first store with a$100,000 loan through NYCfNAC's program
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"It’s a good thing that there are organizations and programs like NYCfNAC’s and the credit unions because they give us immigrants the opportunity to take the first big step."
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Carmen, member of Neighborhood Trust, refinanced her car with a credit union loan. When Carmen bought her first car, she decided that the financing she received was not as favorable as she expected. So she came to the credit union and applied for a loan... » Read more... |
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Antonio, member of Brooklyn Cooperative, obtained a credit union loan for his construction business. » Read Antonio's story » Antonio's story (Spanish) |
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Blanca obtained a loan from her credit union for her business that allowed her to keep looking after her two daughters. » Read Blanca's story » Blanca's story (Spanish) |
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Israel received a loan from Union Settlement Federal Credit Union to start his film & video business and establish credit. » Read Israel's story |
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Juan, member of Brooklyn Cooperative, obtained a credit union loan to pay off medical bills and establish his credit. » Read Juan's story |