October 13, 2008: BPSOS-Maryland’s microentreprise program is up, running, and rewarding the immigrant and refugee community’s entrepreneurial spirit! If you are a refugee living in the greater DC metro area and want to become your own boss, read on to learn about how BPSOS staff can help you obtain a loan of up to $10,000!
Anh Thi Dang has been one of the first people to benefit from the microenterprise initiative, which is part of BPSOS’ wider Road to Independence Through Savings and Education (RISE) program. BPSOS just arranged for her to receive a loan of $2,000 to boost her taxi business.
Dang has already been operating her private taxi service for several years, and now she wants to expand. Her current passengers believe they can refer additional clients to her, significantly increasing her customer base and profits. Her target population is the Vietnamese-American community. She helps people run errands or visit hospitals, and airports within the DC metro area. As a sign of her entrepreneurial spirit, she keeps flexible hours to accommodate her customers.
Dang requested a loan of $2,000 from BPSOS to cover the cost of equipment to improve her taxi service, including replacing two tires. She also plans to add a GPS-Tom Tom navigation device, an answering machine, a mobile phone with a monthly plan, and additional insurance coverage for her 2006 Toyota.
If you, like Dang, want to build your own business and be your own boss, BPSOS-Maryland wants to talk to you! For more information about how the RISE microenterprise program could help you or someone you know obtain a loan of up to $10,000 to boost or establish your own business, please call Dan Tran at 301.439.0505.