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Lane MicroBusiness

Lane Microbusiness is a nonprofit organization that has provided two AFI grants since 2008, with the goal of increasing the number of clients who sustain savings behaviors and plan and prepare for business ownership.

Lane Microbusiness emphasizes small business development, with the goal of increasing the number of clients who sustain savings behaviors and plan and prepare for business ownership. This grant has been successful at opening IDAs and making asset purchases.

Partners

Lane Microbusiness partners with Oregon Housing and Community Services Agency, Neighborhood Partnership Fund, Womenspace, Eugene Area Chamber of Commerce Latino Business Network, Lane Family Connections, and city of Cottage Grove to recruit participants and provide microenterprise training.

Assets for Independence Grant History

Name	Amount	Start Date	End Date
90EI0636	$80,400	6/1/2010	5/31/2015
90EI0515	$82,300	4/1/2008	3/31/2013

Project Title

Lane MicroBusiness IDA Program

Highlights/Outcomes

82 IDAs have been opened.

49 participants have received financial education.

$111,396 saved by participants.

58 participants have purchased an asset.

Total AFI Funding

Total AFI Grant Funding: $162,700
Total Non-Federal Support: $162,700

Focus Population

Lane Microbusiness targets eligible individuals and families in the cities of Eugene and Springfield, and Lane and Harney counties, in Oregon.

Contact

Lane MicroBusiness
1445 Willamette Street
Eugene, OR 97401
(541) 463-4619
http://www.lanemicrobusiness.org/