Speaking on Business: Utah Microloan Fund

This is Derek Miller, Speaking on Business. Since 1991, the Utah Microloan Fund has helped small business owners across Utah turn their dreams into reality. Through financing and support for entrepreneurs and underserved communities, they are changing lives and strengthening Utah’s economy. Finance Manager, Giovanni Orifici, joins us with more. Giovanni Orifici: When you think about small business, you might picture a local café, a neighborhood contractor or a first-time entrepreneur with a big idea. But what many people don’t see is how those dreams get funded. That’s where nonprofit microlenders and Community Development Financial Institutions, or CDFIs, come in. These organizations step in where traditional banks often refuse. They provide access to affordable capital for people who may not have perfect credit, operating histories or equity. But they don’t stop at loans — they offer direct guidance, education and support to help businesses succeed. CDFIs don’t just invest in businesses — they invest in people, neighborhoods and long-term economic growth. Every dollar lent can create jobs, stabilize local economies and strengthen communities. So when you support nonprofit microlenders, you’re not just backing a lender — you’re helping build opportunity where it’s needed most. Derek Miller: From supporting first-time business owners to helping communities grow, the Utah Microloan Fund continues to make a lasting impact across Utah. Learn more about their services, success stories and mission by visiting UtahMicroloanFund.org. I'm Derek Miller, with the Salt Lake Chamber, Speaking on Business. Originally aired: 6/19/26