Since its launch in 2012, the KC Regional Microloan program has awarded more than 140 loans to entrepreneurs in seven counties totaling $1.2 million. Seventy-five of those loans were awarded in Kansas City, Mo.
“The program has exceeded expectations,” Kansas City City Council member Scott Taylor said. “What I really like about it is it has reached traditional segments of society that have had a difficulty securing capital to start businesses.”
The idea to launch a microloan program