By Tim Kowols
You can find examples of success within the Door County Community Foundation’s COIN Micro-Loan program all around the peninsula. COIN, which stands for the Community Opportunity Investment Network, provide loans to aspiring entrepreneurs with sound business plans but had struggles when it came to lending from financial institutions. Door County Community Foundation President and CEO Bret Bicoy says the best anti-poverty program his organization can provide is help to create jobs.
One of those success stories is Dogma Diggs and Grooming Studio in Sister Bay. Owner Kathy Enquist says her COIN loan helped her business expand to include retail space and hire additional staff so she could concentrate more on grooming.
The Door County Community Foundation recently announced that it would expand its COIN micro-loan program with $250,000 in additional business capital available to local entrepreneurs. You can learn more about the program and see how you can apply by visiting this story online.