CFOC Awards $7,500 in Support of United Way’s Otsego Micro Loan program
We’re announcing an award of $7,500 to United Way of Delaware and Otsego Counties, in support of United Way assistance to employed local residents who may be in need of temporary financial aid. Elizabeth Monaco, Executive Director of United Way of Delaware and Otsego Counties, says, “The Otsego Micro Loan Program was created in response to a pressing need for ALICE (Asset Limited, Income Constrained, Employed) programming for our communities.” Many people in these communities are above the poverty line yet still live paycheck to paycheck. They have little or no savings and a sudden illness, medical expense, car or