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WESST officials said they can add 40 more participantws to the IDA program withthe funds. The program is an intensives 10-week money management course. Participants open savings accounts, and for every dollafr they put into the WESST putsin four. Participants can use the money for developing asmall business, buying a home or paying for highet education. The grant will support WESST’s in Albuquerques and Las Cruces. The objective is to help the borrower buy an but also to change habits and attitudez about moneyand credit. Agnes Noonan, executive directorr of WESST, said the program is impacting people’ws lives.
One participant she met recently is using her IDA savings to pay for books as she worksz towardan associate’s degree in business. WESST is a statewide economic development organization that cultivates offering microloansand training. It opened a smal l business incubator earlier this yearin
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