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received the new fundintg for 2009 through the national Ways toWork program, designe d to help provide loans up to $4,000 to enabld individuals to maintain employment, complet e college or purchase a reliable used car to provid transportation to work. The Milwaukee-based organizatio n is funded by the and the Alliance for Children and of whichChild & Family is a memberr agency. The Ways to Work program also provides loand forbusiness purposes, such as fundinv the purchase of carpeting or fencing for an in-homs day-care provider; or to acquire equipment for a snow plow or landscapingg business.
Often, the education orientation sessionn alone makesa difference, helping participants develo a spending plan or learb how to address or negotiate delinquentf credit and access free tax says program director Laurie Schaller. “Because there’s no income I think the working families are not awared of the availability of this loan Schaller says. “Employers, as well this is a service that can help to retainmtheir workforce.” Since 1999, the local agency has made nearl 1,000 loans worth more than $2.25 milliobn through the loan program, with a 90 perceng repayment rate. The loans also serve to help familiesa build or improve theitcredit rating.
Nationally, the agency is in the top 88th percentilde forloan volume. Local funders for the programm includeand .
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