Christopher Gil Senior Content Marketing Manager Mission Economic Development Agency (415) 282-3334 ext. 152 cgil@medasf.org FOR IMMEDIATE RELEASE Feb. 27, 2017 Adelante Fund Marks Milestone of $1 Million in Small-Business Loans MEDA providing loans primarily to immigrants denied access to capital by traditional lenders San Francisco, Calif. — The Mission Economic Development Agency (MEDA) has reached a…
Back in Antigua, Guatemala, Sofia Lopez had a small business selling items like pocketbooks, belts and wallets on the vibrant main square. She had always wanted to run such a venture and was achieving success … until violence compelled her to leave her homeland a decade ago. Now residing in San Francisco’s Bayview, Lopez initially…
The owners of 10-month-old, family-owned Mateo’s Taqueria in the Mission aim to have their food bring people together. Judging from today’s lively lunchtime crowd packing the sleek eatery, the savvy business owners are definitely meeting this goal. Around 200 customers a day can be seen savoring Mexican specialties, such as the best-selling fish tacos, at this colorful…
With its second loan funded this week, the mission of MEDA’s new Adelante Fund to provide vital capital and lending options to small-business owners throughout San Francisco is quickly being put into action. The genesis of Adelante Fund came out of community need. Explains Nathanial Owen (photo, right), who oversaw Adelante Fund’s implementation at MEDA:…
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