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Gila EDA hears from The Loan Fund and PNM 102315

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By Mary Alice Murphy

At the Gila Economic Development Alliance Roundtable meeting on Oct. 23, 2015, Marcela Shelby of the New Mexico Community Development Loan Fund, better known as The Loan Fund, spoke first.

"We provide technical assistance to people in Southwest New Mexico," Shelby said. She has been on the job since June in Las Cruces, but the organization has been headquartered in Albuquerque since 1989.

"The pilot idea was to work directly with clients to help them in their business development," Shelby said. "We want to make sure they are thriving, growing and expanding in their business. We tailor loans to fit businesses or non-profit organizations."


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