TCW June 12, 2014

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The Canyon Weekly June 12, 2014

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Volume 5, Issue 24

Your local news source for the North Santiam Canyon

Serving the communities of Lyons, Mehama, Elkhorn, Mill City, Gates, Niagara, Detroit, Breitenbush, Idanha and Marion Forks

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New crowdfunding program offers zero interest loans for Santiam Canyon entrepreneurs

PRESS RELEASE - An ex- the local trustee, GROW will ers to KIVA Zip. “When we citing and promising new en- begin by putting an endorse- vouch for the character, busideavor is coming to the San- ment committee together over ness and social impact of the tiam Canyon this fall entrepreneur, we are thanks to the GROW saying these are credEDC board. ible borrowers,” says GROW recently votMcKenzie. ed to become a trustee “This process is based of KIVA Zip, a San a lot around the story Francisco-based nonof the person who profit providing techowns the business. nology and structure We will help the enthat allows financially trepreneur tell his or excluded and socially her story in an effecimpactful entrepreneurs tive way that makes it to access zero percent compelling for potenSharlene Trexler and Mary May of business loans up to tial lenders to invest in $5,000 for the first loan Trexler Farm Cafe in Mehama learn about that person,” explains the KIVA Zip program from Allison and $25,000 for subseMcKenzie. McKenzie of GROW EDC. quent loans, for up to a These loans are 24-month term. To be crowd-funded by huneligible an entrepreneur must the summer. This committee dreds of lenders, both locally be at least 18 years old and will help screen entrepreneurs and around the world, who not currently in bankruptcy or based on character, trust, repu- may lend as little as $5 each foreclosure. tation and social impact rather to rally around an entrepreneur The role of the trustee is to than traditional financial met- as potential customers, busihelp KIVA Zip identify entre- rics. This committee will be ness advisors and brand ampreneurs who could benefit a separate decision-making bassadors. Unlike traditional from their program, publicly group from the GROW board, lending avenues, borrowers endorse them on the website though as trustee, GROW are required to reach out to at and provide ongoing support holds the final responsibility least 15 lenders from their own throughout the loan term. As to endorse potential borrow- network and (cont’d on page 4)

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Mill City chooses 4th of July button

The Mill City 4th of July Committee is proud to introduce the official 2014 celebration button. Congratulations to Kielyn Thurston for the design and Joel Hills for slogan: “4th with the Family.” Buttons are on sale now for just $1 each at Mill City City Hall. Purchase one today to help support your local celebration!

Grad committee brings back 4th of July street dance Reprinted with permission: Special thanks to Stacie Cook at The Mill City Messenger.

The 2015 Drug and Alcohol Free Graduation Committee is bringing back the annual 4th of July Street Dance! This event (cont’d on page 4)

Series of year-round craft fairs coming to Mill City Local crafters have a new venue to sell their wares! Liberty Fellowship Church on Highway 22 in Mill City will be offering booth space in a warm and dry location on scheduled dates twice a month through the end of the year. Each space available is 10 X 10, and rents for $10 for the day. It’s an extra $5 to hook up to power, if you need it, and you can rent a table for $5 if you need one.

Dates for the fairs are June 21, July 12 and 26, August 9 and 23, September 13 and 27, October 11 and 25, November 8 and 22 and December 13 and 20. Hours are 9am-3pm, with vendor set up hours between 7am-9am. “We are trying to help crafters in our area to be able to have a safe place to go to sell their crafts,” said event coordinator Cindy Mudrick. “We are also trying to bring more people to the Mill City area. It’s a great town

and we want others to know this.” The location at 250 NW Santiam Blvd, Mill City is situated between Mountain Edge Cafe and Circle K and provides ample parking for customers. For more information or a vendor application, please contact Cindy Mudrick at 503798-0070 or email cindymudrick@gmail. com. Applications are also available at Mill City City Hall. 1


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