Chester Hoernemann recently received loan assistance from the Southwest Initiative Foundation’s (SWIF) Microenterprise Loan Program for the start up of his mental health counseling business in Glencoe. Hoernemann will provide a variety of services, including: Individual and couple counseling, psychological testing/diagnostics and evaluation, pre-surgery bariatic testing and evaluation, anger management counseling and domestic abuse counseling. He is fully licensed and certified by the national board, and has worked in the field for the past year and a half, serving local governments and organizations in McLeod county, and individuals. Because of this successful experience, Chester is poised to open his own office in the community.
“SWIF is pleased to assist Chester in this business,” said SWIF Program Officer Kurt Thompson. “He is a capable, hard-working and determined individual, who will do well in the community.”
Proceeds from the SWIF loan will be used for equipment and working capital for the business.
SWIF’s Microenterprise Loan Program offers loans of up to $50,000 for starting or expanding for-profit small businesses located within the 18 counties of southwest Minnesota. This program also now serves Carver, Stearns and Wright counties.
In addition to financing, SWIF provides free technical assistance to all clients who have received a loan through the Microenterprise Program for the life of the loan. SWIF staff and business consultants provide one-to-one business planning, accounting, marketing and other training opportunities that will help entrepreneurs succeed in their venture. The program receives funding assistance from the U.S. Small Business Administration and U.S. Department of Agriculture. For more information, contact SWIF at 800-594-9480, 320-587-4848 or firstname.lastname@example.org.