Regarding the North that is same Side as a check casher and a rent-to-own outlet, you could miss it or mistake it for the storefront church.
But inspite of the unimposing area, Grace Period — a nonprofit that produces little loans to its clients and needs them to invest in spending less — boasts 1,800 people. Final it made $1.5 million in loans, a few hundred dollars at a time year. Having exposed its doorways in October 2007, the business recently relocated to a larger workplace at 632 E. Ohio St. Its brand brand brand new part location has more exposure, which can be crucial considering that the nonprofit functions such as for instance an outlet that is retail.
Unlike a complete great deal of companies in struggling communities, nevertheless, Grace Period is supposed never to benefit from monetaray hardship, but to simply help individuals from it.
“It really is a place that is good” states Frank Freeman, 59, a retired steelworker who looked to Grace Period as he “started falling just a little quick” between their month-to-month retirement checks. “If you’ll need a small cash, and you also desire a hand, they are able to help you out.”