Who We Are — Introduction

IowaMicroLoan is a program created to help Iowans realize their goal of achieving business success when there is a solid idea, team, and commitment to make it work. IowaMicroLoan was created for those microbusinesses that are considered on the fringe of risk-bearing capacity for most traditional financial institutions.

The IowaMicroLoan program was created by the Iowa Foundation for Microenterprise and Community Vitality (IFMCV), which is a 501(c)(3) tax-exempt nonprofit foundation created for the purpose of initiating and operating model programs that assist Iowa's community foundations, other tax exempt organizations, and agencies of government in addressing a full range of eligible approaches for enhancing the vitality of Iowa communities and rural regions—including, but not limited to, the charitable operation of grant programs, technical assistance, credit enhancement and loan programs, and program related investments for improving the economic opportunities for the benefit of all Iowans, but particularly to reduce poverty for people with low and moderate incomes and underserved communities and neighborhoods.

IowaMicroLoan Staff and IFMCV Board members

Craig Downs, President and Senior Loan Administrator Boone
Dianna Sutton, Administrative Assistant Boone
Jeff Williams, Loan Administrator and Technical Assistance West Des Moines
Clarence McGregor, Board Chair Armstrong
Jeff Waller, Vice Chair Davenport/Dubuque
Randy Schmitz, Treasurer Boone
Jake Anderson, Secretary Van Meter
Dave Hagen Ames
Dave Ogburn Des Moines
Ellen Nystrom Ames/Boone
James Patton Ames
Ken Beekley Sioux City
Mario Van Dijk Fairfield
Dr. Mark Edelman Boone/Ames
Mark Hamilton Iowa Falls
Steve Adams Red Oak
Terry Vorbrich Des Moines

IFMCV is a member of:

Iowa Foundation for Microenterprise and Community Vitality Support Provided By:

  • U.S. Small Business Administration (SBA Microloan Program)
  • Northwest Area Foundation and Community Foundation of Greater Des Moines
  • Community Vitality Center – U.S. Department of Agriculture-NIFA
  • Leopold Center for Sustainable Agriculture
  • Iowa State University Extension
  • Iowa Bankers Association
  • Siouxland Economic Development Corporation (SBA Microloan Intermediary)
  • Iowa State University College of Agriculture and Life Sciences
  • Iowa Small Business Development Centers
  • USDA Rural Development - Rural Microentrepreneur Assistance Program
  • Federal Home Loan Bank of Des Moines
  • AgVentures Alliance - Rural Development Partners (CDE)
  • Heritage Bank, Holstein (Ida County Economic Development)
  • MyEntrenet-UNI Regional Business Center-SBDC
  • Value Added Agriculture /Ag Marketing Resource Center (AgMRC)-ISUE
  • Iowa Area Development Group
  • National Trust for Historic Preservation
  • Homeward, Inc. (CDFI)
  • Grow Iowa Foundation, Inc. (CDFI)
  • Greene County Community Foundation
  • Boone County Community Endowment Fund
  • Iowa Business Growth, Inc (CDE)