
Credit score: From zero to 700
St. Clair County, Missouri, resident Matt Anderson moved his credit score from zero to 700 in less than six months with the help of nonprofit New Growth’s free credit building program.
St. Clair County, Missouri, resident Matt Anderson moved his credit score from zero to 700 in less than six months with the help of nonprofit New Growth’s free credit building program.
Stacey and Larry Poe started Lucky Ducky Cleaning with a $5,000 loan from New Growth community development corporation. Less than two years later, the commercial cleaning company has contracts with 10 government office buildings and employs a team of nine workers.
Every local business is an asset from which new growth can emerge if we tend to the power of microenterprises, like micro-organisms in soil, to support new life. This is the essence of our mission at New Growth CDC.
Applications are open now for a free year of mentorship in Climate Smart farm conservation practices. Participants will receive 25 hours of one-one-one assistance from a team of experienced farmers who offer a broad spectrum of expertise.
New Growth Capital will build its capacity to finance low-income and underserved people through grant support from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund).
New Growth launches in 2023 a new partnership with the Ozarks Small Business Incubator (OzSBI), with a full-time Credit Building Coordinator working from OzSBI offices in West Plains, MO.