In-Lend Fund

Business Overview In-Lend Fund is a student-run Campus Microfinance Institute out of the Claremont Colleges, aiming to empower local entrepreneurs with micro-loans and business consulting services. Our Mission To empower the local community in the Inland Empire by providing financially excluded and socially impactful entrepreneurs with greater access to capital and business consulting services. Our Services 0% interest business loans up to $5000 and pro-bono consulting services Our Target Market In-Lend Fund targets financially excluded entrepreneurs in the local community. According to U.S. Census Bureau, 2009-2013 American Community Survey, our potential clients are more likely to have the following characteristics: - Having an household income of below $30,000 - Single by household type - No high school degree - Of minority ethnicity (especially foreign-born, non-English speaking non-citizens) Out of the 59 cities surrounding Claremont, such as Pomona, Ontario, and Riverside, 12 stand out with unbanked and underbanked rates combined of over 40% of the population. These community members are cut-off from mainstream finance institutions such as banks and credit unions. Clearly, there is a significant market of people who rely on alternative forms of banking that In-Lend Fund can offer its services to. Our Competitive Advantage In-Lend Fund is the only Microfinance Institution that provides 0% interest loans in the Inland Empire, so we are working with a fairly unsaturated market. We also differentiate ourselves from other microlending institutions by offering business consulting services to our clients, in addition to loans.