Ascent is a 501(c)3 nonprofit organization that strives to empower individuals in the Columbus community to make better financial decisions. We provide personalized financial education and need based microloans to serve individuals that have unexpected expenditures they can not afford to pay on their own. Our entirely student-run team brings raw energy and passion to craft organic relationships with individuals that are excluded from the assistance of traditional financial institutions.
Since making the switch to personal loans, we’ve been able to approve three clients for a combined amount of $3,545. The purpose of each loan was for various reasons such as buying equipment to work from home, catching up on bills, and emergency expenses. Each loan yields a low 5.5% interest rate to simply cover operating expenses for Ascent. As of today, we are proud to have 100% on-time repayment of our loans!
We are happy to announce our partnership with OSU Extension, an outreach program at OSU that serves 88 counties in Ohio by making resources available to the public. Ascent is excited to be working in collaboration with OSU Extension to provide loans to graduates of their program. We look forward to continuing this mutually beneficial partnership and excelling in our missions alongside each other.
How you can help:
Your donation will be put directly towards providing loans for struggling individuals in the Columbus Community. Your contribution allows us to continue our mission of addressing economic inequalities and empowering individuals to take control of their finances. The COVID-19 pandemic has only increased the struggles of our patrons and we truly would appreciate your help!