Total loan: $5,475
McAllen, Texas, TX, United States / Services
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A loan helped to lease office space and hire two part-time employees for her local newspaper in her local town.
Rina Diane is chasing a big dream: She started a newspaper. Earlier this year, she started publishing The Community Press, which is based in the city of Elsa, Texas and covers the local community news for the Rio Grande Valley. Her company is on Facebook and Twitter. Rina Diane describes her company this way: “The Community Press is here to promote the progress and growth of the Delta Area that adds to the identity and pride of the community, record the history of this area and its people, and make differences in the quality of life for the residents and merchants. The Community Press is dedicated to encourage community service among citizens and employees, recognizing that the more they are involved with the community, the better they will be able to understand and serve it.” Currently, The Community Press publishes 5,000 copies bi-weekly and is distributed throughout the Delta Area, and is free to readers. The publication earns $2,000 to $4,000 in advertising sales per month. To grow and improve the product, Rina Diane needs to lease office space and hire two part-time employees to help bring in more revenue. She turned to Accion Texas this spring for a $5,000 loan.