Success Stories
ACE Entrepreneur of the Year cited in Senate Testimony
Monday, August 15th, 2011ACE and Melissa Bennett, 2010 Entrepreneur of the Year, were cited in U.S. Treasury Department CDFI Fund Director Donna J. Gambrell’s testimony before the Senate Appropriations Subcommittee on May 25. Community Development Financial Institutions (CDFIs) provide financial products and development services to underserved … Continue reading →
Alpha Medical Equipment and Medical Supplies, Inc., Expands Thanks to ACE Loan
Monday, August 15th, 2011Sales at Elizabeth Asika’s five year old medical supply business, Alpha Medical Equipment and Medical Supplies, Inc., had stagnated due to a tucked away location. Inventory assortment was limited, too, due to the small size of the space, just 459 … Continue reading →
Nada Bunnell, Gentle Presence Photography
Tuesday, August 9th, 2011Nada sees the world in pictures, color, and composition. More than anything else, she wanted to help others see that way too and thought of her camera as a memory-maker. But for twenty years, photography was only a passionate hobby — until she was laid off at 60 years old. Continue reading →
Sandy Lyndon, Homestead Recovery
Tuesday, August 9th, 2011When Sandy Lyndon moved away for college, she never guessed she would one day be running a business in the family’s old farm house. Aptly named “Homestead,” Lyndon started a center exclusively for women who are wishing to recover from drug and alcohol addictions. Continue reading →
Sergio and Laura Moreria, Pueblo’s Mexican Restaurant
Tuesday, August 9th, 2011Two years ago, ACE made its first loan to a Hispanic couple. The $25,000 meant they could own their restaurant themselves, rather than with other family members. They are now expanding to another location in an adjoining county and have taken out a second loan with ACE. No longer a micro-business, they employ 15 people instead of 4. Continue reading →