MLCDC Celebrates 10 Years
The Midlands Latino Community Development Corporation (MLCDC) (www.midlandslatinocdc.org) values leadership, education and civic responsibility. The organization, which provides Latinos with opportunities to generate economic growth in the Midlands, will reach a major milestone—its 10th anniversary—on July 14th.
MLCDC’s educational and coaching services include childcare development, micro-business, micro-lending, financial education and computer training. Latina Women make up 90 percent of the clients at MLCDC. The organization has provided ongoing education to 3,060 women through several programs. This has created 70 new childcare centers, 156 new businesses and 275 new jobs in the Omaha metro area.
Through its micro-lending program, MLCDC helps small businesses that have no access to bank loans by providing business loans. These initiatives include developing business plans tailored to ongoing management and operations, assisting owners in the preparation of documents necessary to bank loans and/or other financing through micro-lending. MLCDC will officially become a Community Development Financial Institution (CDFI) in 2017. These are institutions that are 100% dedicated to delivering responsible, affordable lending to help low-income, low-wealth, and other disadvantaged people and communities join the economic mainstream.
For more information about MLCDC, please contact Marta Sonia Londoño at (402) 933-4466 or visit www.midlandslatinocdc.org.
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