The WE Lend Initiative is sponsored by the Sam’s Club Giving Program and seeks to bridge the financing gap and empower women entrepreneurs to pursue their dreams. The WE Lend Initiative leverages the powerful networks and expertise of three national organizations dedicated to small business prosperity and growth: Accion, the U.S. Network, National Community Reinvestment Coalition (NCRC) and Women Impacting Public Policy (WIPP).
Train select Women’s Business Centers to become microlenders and provide capital for loans to women business owners
Strengthen the Women’s Business Centers' referral process, motivating them to more effectively connect women with microlenders and financing to grow their businesses
Increase the capacity of the Women’s Business Centers to provide the women they serve with solid financial literacy and loan readiness skills
Women’s Business Centers can apply to receive WE Lend Initiative training, capital and support by downloading the application and returning it to: firstname.lastname@example.org by May 16, 2014. Considerations for acceptance include need and capacity, and will be influenced by grant research that will identify and rank U.S. lending desert communities, defined as U.S. counties where small businesses receive a percentage of loans far below the national median. Qualifying Women’s Business Centers will be selected and notified by June 2014. In order to efficiently respond to questions about the application, a second conference call is scheduled for May 5, 2014 at 2:00 PM – 3:00 PM EST. All questions and answers from the call will be posted online at www.WE-LendInitiative.org. Please see below for the questions and answers from the April 23, 2014 call. Call-In #: 866.740.1260 Pass code: 8669224
WE Lend is a collaboration among the following organizations: Sam’s Club, Accion, the U.S. Network, the National Community Reinvestment Coalition (NCRC), Women Impacting Public Policy (WIPP) and Women's Business Centers (WBCs).