The American Dream coming to life
Access to Capital for Entrepreneurs provides loans to Georgia residents like Aysha Cooper to start small businesses.
Small is HugeSM“Without a loan from ACE, our doors would have had to close.”
That’s the word from Aysha Cooper, who owns an adult day care facility center, SarahCare, in Snellville, Georgia.
ACE is Access to Capital for Entrepreneurs, a nonprofit lender that couples low-interest-rate loans with business advisory services for small businesses and entrepreneurs in Georgia. Wells Fargo supports their work through grants from the Wells Fargo Foundation.
One result of the ACE investment in SarahCare: Aysha’s business is helping families maintain their careers while knowing their elderly family members are cared for.
“While we talk about the American Dream, it’s just not real for any of us if it’s not real for everyone,” says Grace Fricks, ACE’s founder and CEO.
Since 2000, Access to Capital for Entrepreneurs has:
- Loaned more than $23 million to more than 550 businesses in north Georgia — helping create or retain more than 3,500 jobs.
- Assisted nearly 19,000 entrepreneurs in keeping jobs or create new ones, and in turn spurring economic growth.
Grace concludes, “By working with Wells Fargo, we’re able to assist more businesses and ultimately help people help themselves.”