People Incorporated Financial Services
People Incorporated Financial Services was created in 2001 to address business development financing needs throughout Virginia. This People Incorporated affiliate administers the microenterprise development and small business financing activities for People Incorporated.
2012-2013 Board of Directors
Charlotte Mullins, Chair; John Snodgrass, Vice-Chair; David McCracken, Secretary; Kevin Kilgore, Treasurer; Ron Blankenship; Sheila Combs; Leton Harding; Creed Jones; Chris Shortridge; Cameron Forrester; Larry Yates; Scott Peak; Tony Carter.
As a Community Development Financial Institution certified by the U.S. Department of Treasury, People Incorporated Financial Services offers loans, development services and financial products to small and emerging businesses. People Incorporated Financial Services works to strengthen local economies in 22-jurisdiction service areas including the counties of Bland, Buchanan, Carroll, Dickenson, Floyd, Grayson, Lee, Russell, Scott, Smyth, Tazewell, Washington, Wise, and Wythe and the cities of Bristol, Galax and Norton in Southwest Virginia and the counties of Clarke, Frederick, Page, Shenandoah, and Warren in the Northern Shenandoah Valley.
People Incorporated Financial Services has extensive experience providing small business and microenterprise development and lending services in low-income communities, and is the only CDFI headquartered in rural Virginia. Since its inception in 1992, the People Incorporated Financial Services loan portfolio has grown to include 308 microenterprise and business loans, which to date have created 475 jobs and retained 180 more.