Lowell Community Loan Fund Inc

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We're a community development financial institution (CDFI) and community development corporation (CDC) that deploys resources where they don’t usually go — to historically disinvested individuals and their communities. GROW THE ASSETS AND WEALTH OF HISTORICALLY DISINVESTED INDIVIDUALS AND THEIR COMMUNITIES BY PROVIDING A COMBINATION OF ROBUST ADVICE, RESOURCED NETWORKS AND CAPITAL IN THE MERRIMACK VALLEY AND ACROSS MASSACHUSETTS.

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2001

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Address: 450 Merrimack St, LowellWeb: Sign in to see organisation websiteFacebook: NectarinvestsEmployees: 17Volunteers: 13Revenue: 6574062ICO: 43571892

Community Based Residential and Small Business Loans - Nectar New name same purpose Mill Cities Community Investments Foundation for Business Equity have become Nectar Community Investments. Financing Support Services Mill Cities Community Investments Foundation for Business Equity have become Nectar Community Investments New name same purpose Our name might be new but our history of helping our neighbors goes back to 2008. Nectar was established in 2022 through the merger of legacy organizations Mill Cities Community Investments founded in 2008 and the Foundation for Business Equity founded in 2017. And we continuously innovate evaluate and refine our offerings to meet our communities needs.

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Sophia

I love that Nectar is dedicated to supporting entrepreneurs of color and closing the racial wealth gap! Together, we can build a brighter and more equitable future for everyone! 🌟🤝 #InvestInCommunity

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Kira

So inspiring to see organizations like Nectar Community Investments making such a positive impact in our communities!👏💚 Let's continue uplifting each other and breaking barriers together! #CommunityPower

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Lowell Community Loan Fund Inc

Thanks to the CDFI Women’s Network for hosting a fun happy hour back in December. It was great to connect with other women working at CDFIs across New England during the busy holiday season and remind ourselves of the importance of investing in community. Looking forward to the next one.

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Lowell Community Loan Fund Inc

Romper Room Childcare, which we’re proud to feature in our Black History Month small business series, serves families in Dorchester and the South End with the highest quality childcare. Through our Business Equity Initiative, we worked with Founder & CEO Melissa Robinson to provide strategic advice, mentorship and networking opportunities that helped grow her business. Now, Melissa and her team have plans to open a second Dorchester location later this year.

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Anita

2. What innovative financing models could Nectar Community Investments explore to better support entrepreneurs of color and close the racial wealth gap in Massachusetts and Rhode Island?

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Charlotte

1. How can community development financial institutions like Nectar Community Investments further enhance their outreach and support for historically disinvested communities in the face of economic challenges?

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Housing Development, Construction, Management Category

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