MLCDC Helping Latino Families to Build a More Promising Financial Future

Emilio immigrated to the United States 15 years ago and married an American woman. They had one child together before Emilio’s wife left the family. Emilio worked for a company for 10 years, bought a house, and raised his child as a single father. Throughout this time, Emilio’s his favorite hobby was working on cars, and eventually he began to dream that one day he could become a mechanic and open his own shop.

Emilio came to Midlands Latino Community Development Corporation with this dream. MLCDC helped him prepare a business plan and provided other advice about owning and operating a business in Nebraska. Like most people carefully nurturing a dream, Emilio kept his day job while he slowly gathered the things he needed. He found a location and secured enough tools to serve a few customers on the side.

Emilio secured a micro-loan to purchase additional tools for his shop. Emilio quitted his day job and became a full-time mechanic. His business has been steady, so he has hired his brother on as a second employee. By working with MLCDC, he has also been able to clear up his credit history with the hope of one day being able to secure commercial credit if needed.

Emilio has enrolled at Metropolitan Community College to work toward an engineering degree. Emilio is currently working with MLCDC to adjust his business plan and lay the groundwork to hire a third employee. The name of this client has been changed to protect his privacy.

Calendar of Events

Apr 26
2014

Meeting to Plan A Multi-Pronged Community Economic Development Project

Working in job creation and business expansion in South Omaha more...

May 05
2014

Peer Lending Group Loan Meeting

MLCDC provides loans to business loan Group members. more...

May 17
2014

"Viva Omaha Heritage Festival"

Creating a bridge between communities and markets more...

May 21
2014

MLCDC’s Loan Committee Meeting

Evaluating loan applications for the direct lending program more...

Jun 07
2014

Preparing a Business Plan to Project the Growth of Your Business or to Apply for a Loan

Easy way to increase the size of your business and prepare a business plan more...

Jun 07
2014

How to Start a Licensed Business

Classes and technical assistance to develop successful and sustained market responsive businesses more...

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MLCDC Sponsorship Opportunities

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