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City of Ruidoso Downs

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LiftFund Supports Women-Owned Businesses

Women entrepreneurs often start businesses to provide a future for their children.

The number of women-owned businesses has increased exponentially in the last 20 years, and many of them have been helped by small business loans and training that supports the unique needs of women. Aleia Shipman’s story is a great example of the passionate women who gain assistance and loans from lenders such as LiftFund and other nonprofit Community Development Financial Institutions (CDFIs) to start businesses and provide for their families.

In 2016, Shipman knew she needed to make a change, not only for herself but for her three children. She had been working in sales at a chemical company for 10 years helping the owner grow the business despite the resistance to her creative ideas and solutions. Shipman turned her frustration into opportunity and decided to branch out on her own. That’s when she founded 3G Chemical Solutions, LLC.

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