SINK OR SWIM | How a Native Cosmetologist Went From Student to Salon Owner with Help from Sequoyah Fund, Inc.
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SINK OR SWIM | How a Native Cosmetologist Went From Student to Salon Owner with Help from Sequoyah Fund, Inc.
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概要
In 2008, the salon where Julie Painter worked at while she was a student in cosmetology school was about to shut down because the owner was leaving to work in education. Painter's options were to work at a different salon two hours away in Asheville, N.C. — or buy the Visage Salon where she worked and become a business owner.
"There were two options in front of me," Painter, a member of the Eastern Band of Cherokee Indians, said. "And I went with option two.”
Painter admits that she “was in a terrible place for starting a business” at the time. She had a low credit score and no experience running a business, but she was determined.
Then she met Russ Seagle and the Sequoyah Fund, Inc. Here's their story.
Difference Makers explores how Native community development financial institutions (CDFIs) are expanding economic opportunity across Indian Country. From small business lending and homeownership to consumer loans, financial education, and technical assistance, Native CDFIs provide the capital and support that help Native communities build stronger local economies.
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