Milestone Microloan Program

Communities of color have historical reasons to distrust banks. In California, 20% of Black, 15% of Hispanic, and 18% of Native American households are unbanked.

Yet with the right financial tools, entrepreneurship and small business ownership can break cycles of poverty and build generational wealth. 

We are proud to bring the financial tools small businesses need to thrive to historically excluded entrepreneurs by collaborating with TMC Community Capital to provide microloans up to $5,000 direct to Eastern Sierra businesses (or offer a warm introduction and technical support for larger loan amounts up to $50,000).

To learn more about the Milestone microloan program, watch a recent episode of Webinar Wednesdays from our partners at the Bakersfield SBCD featuring an interview with Natalie Del Toro, SoCal Community Development Officer for TMC Community Capital.

To learn more or apply for the Milestone loan program, email Meryl Picard (mpicard@sierrabusiness.org)