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WELCOME
TO
BCNA
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MED Programs for Refugees Funded by Office of Refugee Resettlement (ORR) US Department of
Health & Human Services
Program started in 1991
Currently funds 22 organizations in 20 states
In 2015 made over $12 million in loans
Created or retained 1,163 jobs
Our Mission BCNA creates pathways to self sufficiency for
immigrants, refugees, and others in need through access to credit, specialized training, technical assistance, and one-on-one coaching. BCNA fulfills the American Dream of financial inclusion by building wealth through business development & expansion, savings, and homeownership.
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2,425 loans for a total of $15 million $500 to $50,000 with an average loan of $6,000 One-on-one consulting to over 500 businesses per year Workshops in business and financial management, social
media, and one-on-one digital marketing consultation. Equity & Technology grants – IDA Program, eBay Foundation
Techquity Award Program, Google Tablets
Micro-Enterprise Development
Google Tablets Class
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Credit Enhancement Loans
March2007
October2007
2008 to 2013
Enrolls in BCNA’sIDA Program
$2,000 savings& $2,000 match grant
$500 Credit Enhancement Loan
$2k to $3kPer Year
Score of 740Qualifies for 2 credit cards
Saving forHome-ownership!
2014
$2,000 Loan
Score of 640
Astou establishes 740 Fico Score!
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Noor Halal African American MarketMedium Size Loan
Boot Strap Entrepreneur Award 2015
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Larger Loan Client
Yelena Gordiyevskaya, 2015 NYC Job Creator Award Winner
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BCNA’s Individual Development
Account Program for Refugees
Ibrahim Bah - purchase of a newer used car
Samal Nur – cosmetology school
Vlasenko family - 1st Home Purchase
1,354 graduates have built assets including:
• Micro-business• First home • Education/ Vocational training
or re-certification
Total IDA investments: $ 24,284,945
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Award Winning BCNA Team
The American Dreamer Award by Mayor Michael Bloomberg. April 2012
2006 SBA Award
2008 SBA Award
2014 SBA Award
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THANK
YOU
THANK
YOU
