Why Support PE?

More than $1.7M in capital lent

Nobel Prize Winning Model

PE entrepreneurs create their own solutions

PE Entrepreneur Mustaqeem Abdul-Azeem

Your support helps us work with entrepreneurs like Mustaqeem.

PE helps entrepreneurs create their own solutions

PE doesn’t give away money, it provides an opportunity for enterprising individuals to create their own solutions.  By providing capital, training and other resources, PE enables entrepreneurs to grow local businesses and build their communities.

 

Global Model.  Local Program.

In 2006, the Nobel Peace Prize committee recognized Dr. Muhammad Yunus and the Grameen Bank for their success at creating economic development from below. The Grameen model is proven microcredit strategy used as a tool for economic development around the world, and Project Enterprise was the first organization to adapt it to the United States. 

 

More than $1.7M in capital disbursed

PE has circulated more than $1.7M of capital into local neighborhoods with a 90% repayment rate.  With loans averaging $2,000, PE is able to reach hundreds of entrepreneurs with capital without requiring collateral or credit history.  In 2009 alone, PE lent more than $200,000 to hardworking entrepreneurs who were starting or expanding their own businesses.