Community Investment
Investment Company in Riverside, CA
The intent of these programs is to supply access to capital to those who are unable to secure financing from traditional sources. CIC has a particular focus on borrowers who have traditionally had more difficulty in obtaining financing. Through February, 2005, CIC has offered technical assistance to over 1300 entrepreneurs. Approximately $1 million in micro loans has been extended to 98 businesses. CIC has created over 287 jobs. Over one hundred households were assisted to purchase homes.