Do I qualify for a loan?
- Have no access to a bank loan
- Earn less than $12 per hour
- Live in the Portland area
- Work at least part time
- Be enrolled in school
What are micro loans for?
- green card renewal fees
- interview clothes
- work uniforms
- bus passes
- car repairs
Who makes the loans?
Portland investment club WEA LLC pledged an initial round of $100,000 in capital to fund the program. The Underdog Law Office personally guarantees and administers each loan. The urban achiever micro loan program offers a helping hand to Portland area youth of promise without the necessary means for a necessary means for a higher education.
How are the loans repaid?
Urban achievers are not charged interest and have up to two years to repay their micro loans. An Awards Dinner and an Urban Achiever Scholarship are available for applicants who successfully repay their loans.
How did the program start?
As a kid, I knew that hard work was the only way out of the trailer park. When I was 13, I washed cars and picked up trash for money. At 14, I picked blueberries and worked on a pressure washing crew under the table. I started working at Subway as soon as I could get a real job at age 15. At 16, I took another job at my local bowling alley. At 17, I took a third job as a paid intern at Intel.
My senior year of high school I finally moved out of the trailer park and into my own apartment. From 18 to 22, I worked as many odd jobs as I could to make ends meet.Continue reading
