Business offers high quality, slightly used teen, children and infant clothing
Katherine Kangas recently received loan assistance from the Southwest Initiative Foundation’s (SWIF) Microenterprise Loan Program for the start up of Green Hill Resale Shoppe located at 959 East Frontage Road on East Highway 12 in Litchfield.
The business sells high quality, slightly used teen, children and infant clothing, as well as toys and other children’s items. Kangas said she is looking forward to running this business while providing an opportunity for her own children to learn valuable work skills while assisting her at the store.
Green Hill Resale Shoppe is open from 10 a.m. to 6 p.m. Thursday through Saturday and can be reached at 320-593-0246.
“Katherine has a good opportunity to start this business in a great location at a time when the service is needed in the area,” said SWIF Microenterprise Program Officer Berny Berger. “We are pleased to assist her in this new business.”
Proceeds from the loan will be used to purchase equipment and inventory. SWIF’s Microenterprise Loan Program offers loans of up to $35,000 for starting or expanding for-profit small businesses located within the 18 counties of southwest Minnesota that have a need for additional sources of funds. In addition, technical assistance is available from SWIF as needed for the length of the loan. The program receives funding assistance from the U.S. Small Business Administration, as well as from the U.S. Department of Agriculture.
The Southwest Initiative Foundation is a regional community foundation dedicated to advancing southwest Minnesota through leadership, relationship-building, program development and philanthropy. The Foundation has contributed more than $46 million through its grant and loan programs in southwest Minnesota. It has also helped more than 450 businesses start or expand through its business finance programs, which has created or retained more than 7,400 jobs. To learn more, visit www.swifoundation.org.
