African Economic Development Solutions

Thank you for supporting African immigrant businesses in the Twin Cities!

Thank you to the individuals, businesses and partner organizations that attended and donated to our Micro Lending Program Fundraiser.

Last year, with your help, we were able to raise over $12,000 to kickoff our micro lending program. We were able to leverage these funds to provide 10 businesses loans totaling over $100,000!

FACT: Nearly 67% of African immigrant entrepreneurs have trouble accessing loans to start their businesses and only 9.4% are able to get support from traditional financial institutions. (Dr. Bruce Corrie, “The Economic Potential of African Immigrants in Minnesota,” 2015)

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