Kyle Nicholson had an idea for a business.
He asked: Why not find a way to help other businesses thrive? After creating a business plan as part of his First-Year Experience in Tabor, his brainchild - the Millikin Microfinance Fund - was born. That led to more conversation, advice from Tabor's Center for Entrepreneurship, a second place finish in Tabor's Business Creation Competition and an R&D trip to the Dominican Republic with two Tabor professors. Today, the Millikin Microfinance Fund is reviewing applications, awarding loans, and enjoying a 98% loan repayment.
About the Millikin Microfinance Fund
- To bring positive social change to the Dominican Republic by using microfinance and business consulting to support women entrepreneurs in poor economic situations and to provide an international, educational opportunity for the Millikin community.
- Through organizing both funds and business knowledge the MMF utilizes strategic partners to distribute these crucial business resources to less fortunate business owners in the Caribbean. The MMF is a unique vehicle for students to embody the Millikin mission. Through international experiences, business skill development, and heightened social consciousness students have the opportunity to develop into ethically-grounded global citizens.
- Kyle Nicholson (Fund Manager)
- Taylor Lowery (President Elect)
- James Vavak (Vice President of Marketing)
- Sasha Roberts (Vice President of Technology)
- Louis Wetzel
- (Leon) Liyang Yu
The Millikin Microfinance Fund is advised by Dr. Larry Stapleton. Microfinance Fund members meet every second and fourth Sunday at 2:00 pm in the HUB. The HUB is located at 1135 W. Wood Street, Suite 3.
Support the Fund
You can help the Millikin Microfinance Fund reduce poverty and help entrepreneurs in need with as little as one dollar. Supporters that donate $50.00 or more will become a "Friend of the Fund" and receive quarterly updates on the impact your money has on the lives of woman entrepreneurs in need.
Click here to make a donation.