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We celebrate our
clients' success.

Holtsoi Trucking- Crownpoint

In 2003, Erwin & Marilynn Holtsoi were ready to start their own trucking business on the Navajo Nation. They qualified for the Navajo preference list and knew there was a lot of opportunity for independent contractors to haul hay, corn, and potatoes for the Navajo Agricultural Products Industry. All they needed were a truck and trailer to do the work – but how to finance it? The Holtsois worked with loan officer Cathy Sorenson to obtain a small loan to buy a pre-owned truck and flatbed trailer, which they paid off in just six months. In 2007, seeing a need for a bigger truck to make longer hauls, the Holtsois obtained a second loan to purchase a brand new Peterbilt truck.

Southwest Creations Collaborative- Albuquerque

SCC is a nonprofit that helps Spanish-speaking and immigrant women overcome challenges by providing employment opportunities in sewing, packaging, and tile work. Not only do employees earn a living wage, but they also have access to on-site childcare facilities; on-site English, citizenship, and GED classes; healthcare support; and other programs aimed at improving the quality of life for its employees. Today, SCC employs more than 30 women.

Working Classroom- Albuquerque

Working Classroom is a nonprofit that provides academic and artistic education to talented young artists and actors from historically ignored communities.“The arts both mirror who we are as a nation and help us interpret where we are headed and what we want to become,” says Nan Elsasser, founder and director of Working Classroom. "As long as some communities are invisible or underrepresented, the reflection is distorted and the conversation is incomplete."

Millie's Assisted Living Center- Silver City

Love and Care for the "Silver" Generation. Millie's Center has obtained two loans from The Loan Fund. The first was for $177,000 to pay off an interest-only mortgage on the property. “We had exhausted all local resources. The Loan Fund provided invaluable help.” Their second loan for $56,000 allowed Carley to purchase half a city block next to Millie’s. “We were already using it as a garden and walkway. I want to make a nice park for our residents.”

Jalepeno's- Santa Fe

With our $15,000 loan, Raul purchased a cart and started selling “something I really knew how to make and other people didn’t:” tortas, a meat sandwich served on a crusty, oblong white sandwich roll. Raul used Mama Lucia’s meat marinade recipes, the tortas began “selling like crazy,” and he had to enlist his cousin to help. Inspired to open a restaurant, he asked us again for assistance. Our second $31,000 loan in 2009 helped Raul pay off the first loan in full and launch Jalapeño’s. Raul is grateful to The Loan Fund for supporting his dream of financial independence.

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