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Mission Economic Development Agency

Mission Group Seeks Aid, Donations for Businesses Ousted by Fire

Noah Arroyo, San Francisco Public Press — Feb 25 2015 - 12:00pm

After a severe fire destroyed 36 shops, stores and other businesses, a community organization has started a fund to help them get back on their feet.

Small loans having big impact on local businesses

Li Miao Lovett, SF Public Press/National Radio Project — Nov 15 2010 - 1:28pm

Financial crisis leading to an increased demand on microlenders for start-up capital

In the community acupuncture room at Bu Tong Clinic, patients wait in silence away from the bustle of traffic and hawkers on Mission Street. The clinic owner, Julie Baumhofer, has seen her clientele grow as word about her low-fee acupuncture treatment continues to spread.

The clinic wouldn’t have happened without a microlender.

“If they didn’t do what they do, I wouldn’t be here now,” she says. “You don’t have to be born rich and know the right people, and you can be a business owner.”

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