Juan J. Montoya will serve as the new director of the Advance Fund Community Development Financial Institution (CDFI) for the Midlands Latino Community Development Corporation (MLCDC).

As director, Montoya will be responsible for the leadership, management and growth of MLCDC’s emerging CDFI. He will manage a diverse, growing small business loan profile and will build on CDFI’s first year of lending success to expand into other products and lines of business.

MLCDC’s small business loan fund, Advance Fund, provides business capital to primarily Latino, immigrant, and low-income women-owned local businesses with an emphasis on job creation and place-keeping.

Before taking this role, Montoya was the program coordinator at Creighton University, where he helped with the design and development of community programs that focus on minority populations.

He has also worked as a bilingual business consultant at the Nebraska Development Center, where he provided financial analysis and business consultations to entrepreneurial individuals pursing a business in Omaha.

Montoya has a Master of Science Degree from Creighton University and Master of Business Degree from the University of Nebraska-Omaha.  He has extensive experience in business planning, individual financial planning, loan packaging, training and recruitment.  He has served on MLCDC’s Loan Review Committee since 2017.

MLCDC’s direct service Asset Building programs serve more than 7,000 individuals each year through education and coaching programs. These include: financial capability, housing counseling (homeownership and rental), business development, workforce development and digital literacy. MLCDC also serves the Financial Advisory Window at the Mexican Consulate in Omaha.

For more information contact, Marta Sonia Londoño Mejía at 402-933-4466 or info@midlandslatinocdc.org.

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MLCDC provides Latinos and low-income communities with opportunities to generate economic growth by providing financing products, development services and community development that advances their ability to develop a sustainable future in the Midlands.