Small Business and Program Outcomes
Ramiro Diaz, Style Cleaners
We are dedicated to helping entrepreneurs build strong small business that benefit their local communities and economies.
Mercy Corps Northwest believes in helping businesses benefit their owners and communities by helping businesses not only start, but also stay. Two years after receiving MCNW services, 91% of our clients remain in business, according to 2008 survey results.
To prosper, a business also has to increase income over time to support the owner and even hire employees. Of those in business 18 months after receiving MCNW services, median household income increases by an average of 37%.
Mercy Corps Northwest also benefits the local economy by increasing the household income of local entrepreneurs and their business survival rate. Stable, new businesses add new products, jobs, revenue, and services to our community. On average, each MCNW small business owner creates 1.7 jobs
“Mercy Corps Northwest gave me a loan at the worst economic times. If they hadn’t given me a loan, who knows where I would be? Packing Pearls would probably just be an idea, a product stuck on a shelf somewhere.”
- Joanna Guzetta, Four Seasons Container Gardens
Financial and Business Training
Our Loan Program
The MCNW loan program provides needed capital to micro-entrepreneurs who cannot obtain traditional bank loans in Washington and Oregon. We move beyond banks in our funding and support services.
Our microloans in 2009 ranged in size from $750 - $50,000, and our average loan
size was $8,673
Our IDA Program (Individual Development Account)
The MCNW IDA program combines financial education, saving and asset building for individuals and their start-up or current small businesses.
Reentry and Transition Services
We have a number of reentry projects that focus on education, advocacy, and resource coordination for formerly incarcerated individuals.
Our Reentry Transition Center (Open since Sept. 2009) is a place where formerly incarcerated individuals can find help in accessing the services and information they need to rebuild their lives after incarceration.
748 individuals have received immediate reentry assistance, including referals to other transition programs,
emergency transitional housing, emergency supplies and clothing, and job placement assistance
Lifelong Information For Entrepreneurs (LIFE) is an educational program that addresses self-employment and microenterprise development after release for women prisoners at Coffee Creek Correctional Facility.