CDFI looks back on historical 2016 thanks to supporters and clients
The New Year is underway here at Pathway Lending and Pathway Women’s Business Center, but we want to take a minute to thank our supporters, partners and clients for helping to make 2016 our biggest year since we launched in 1999.
In 2016, we made 153 loans to 114 clients, totaling just over $38 million. Through our Energy Efficiency program, we saved clients just under $786,000 in annual energy cost savings. That’s a total of 7,511,861 kilowatt hours. We also celebrated several milestones, including hiring several new team members, passing the $100 million mark in assets under management, winning several large grants, and even closing our first loan in Alabama.
We’re not stopping! Our team is busy continuing our mission of financing businesses and strengthening communities, and we are grateful to every person who makes our work possible.