March 1, 2013 – Stevens Point, WI – Thanks to CAP Services’ Work-n-Wheels program, the dream of auto ownership has become a reality for Kimberly Bronk and 100 other drivers in Portage and Waupaca counties.
Because a dependable vehicle can be the difference between having a job and losing a job, the Work-n-Wheels program, funded through the state of Wisconsin and administered by the Department of Transportation, offers 0% interest loans to income-eligible individuals and families in Portage and Waupaca Counties. Loans of up to $5,000 are repaid over 30 months.
CAP Services has offered this program since 2009 in Portage County and July, 2011 in Waupaca County. “We’re thrilled to have surpassed the 100- loan mark this month. It’s such a win-win program; the loans are repaid, and we can turn around and make loans to more people,” said Work-n-Wheels coordinator Cheryl Breit. Already, 33 loans have been repaid.
Included in the loan program are a required workshop on financial wellness and one on auto maintenance. “It was great learning more about how to take care of a car and manage my budget. The financial workshop really helped me to better manage my money,” said Bronk, now the proud owner of a 2003 Ford Escort from the Auto Exchange in Stevens Point. “Having this car means that I don’t have to rely on my dad to come to my house and get me to work every day. It’s a relief for the whole family.”
Program Coordinator Cheryl Breit said, “If you are working at least 15 hours a week and have poor credit or no credit or have been denied financing by your bank or credit union, this program may be an option for you.” For more information, contact Breit at firstname.lastname@example.org or 715-343-7110.
CAP Services is a private, nonprofit community action agency that has been helping low-income people attain economic and emotional self-sufficiency since 1966.