The Women’s Empowerment Loan Fund is a business loan impact investing fund that provides low cost financing and technical support to women-owned businesses in San Diego. Our goal is to make sure San Diego women-owned businesses get the resources and support they need to thrive.
Your gender should not predict your ability to get a loan.
In San Diego and throughout the United States, women do not have the same access to business loans and financing as men do, simply because of their gender. In fact, only 1 in every 23 loaned dollars goes to women. Systemic bias in our financial systems causes credit-worthy women-owned businesses to be overlooked by reputable banks or overcharged by predatory lenders. And women of color are affected most.
We can change this.
The Women’s Empowerment Loan Fund (WELF) enables women-owned businesses to grow, create jobs, and improve our local economy. WELF combines financing with expert business coaching to ensure recipients have the resource, tools and network needed to help their business grow. Through WELF, loan recipients demonstrate positive credit, increasing future access to other forms of financing.