$50,000 small business loan
Delestre Grocery is a startup bodega owned and operated by Maria Gonzalez. The bodega will cater to the Hispanic and low-income residents of Allentown’s 1st Ward by offering a wide variety of Spanish food and other staples needed for the residents in the community. While technically a startup, Delestre Grocery will operate from a location where a previous grocery store existed. Maria reached out to us looking for funding to improve the interior of the store.
The Rising Tide Community Loan Fund provided $50,000 for leasehold improvements, working capital and the purchase of equipment and inventory..