Ascent Microfinance’s Pillars for Community Development

 

Micro Loans

Ascent understands the impact of small businesses on the community.  We provide microloans that enable small businesses in Linden, Franklinton, Hilltop, and other developing areas to reach their potential.

Business Advisory

Ascent works diligently develop trust and personal connections with Columbus small businesses. Our Advisory services pair small businesses with our talented student advisory team to solve small business problems on a 1 on 1 personal level.

Financial Education

Ascent is a firm believer that knowledge is power, and that financial education is a crucial step to financial stability.  Through our tailored financial education programs, we help our clients achieve financial autonomy. Our partnership with other non-profits allows us to reach a broad audience while our 1 on 1 sessions provide a more personal experience.

Our Split City

 

179,000

People in Columbus live below the poverty line.

1 in 5

Children in Columbus live below the poverty line

 

Between 2000 and 2013, Columbus's suburbs grew the fastest in Ohio, up 22.8% according to the annual State of Poverty commissioned by the Ohio Association of Community Action Agencies.  In these years, Columbus's suburbs also experienced a 113.6% increase in suburban poverty.

Columbus is a great city, but recent expansion and development has left a large part of our community behind.  A study in 2015  ranked Columbus as the second most economically-segregated major metropolitan area in the country.  There's plenty of examples—take Franklinton and Upper Arlington, Bexley and the Near East, or Weinland Park and Victorian Village.

We're passionate about Columbus, and we want to make it a great city for everyone. 

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About Ascent

We are a student-run, 501(c)(3) founded in March 2017.  Our sustainable business model emulates similar, successful groups such as HMFI, a student-run Microfinance initiative at Georgetown.  We provide micro-loans to businesses in Columbus's developing neighborhoods and free financial education to various in-need groups around our Columbus community.