Putting people first – A borrower’s story

Good Samaritan Auto Repair, a 20-year old family owned and operated business in the South Shore community, has seen some challenges in recent years. These challenges left them with a decision to either continue paying two long time employees or other important business debt. With limited working capital, Jacques Eugene, owner of Good Samaritan, chose to retain the employees in lieu of paying other business debt, resulting in serious consequences for his business. Jacques was able to secure a loan from CNIMFG to help provide additional working capital that afforded him with the ability to save his business through paying outstanding debt as well as continue to ensure that his staff was taken care of.