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Beer fuels small loans

Boston Herald - Call her the “coaster child” of Jim Koch’s “Brewing the American Dream” project.

Two years ago, Carlene O’Garro was the first entrepreneur to tap into the Boston Beer Co. founder’s microlending program, which helps small businesses get started or stay afloat in the competitive food and beverage industry. The Mattapan resident had created her dream business - baking cakes, cookies and pastries - but was lacking a key ingredient needed to keep Delectable Desires cooking.

“When I got the money it was mainly to pay the vendors I had at the time, because I was so small and I was making very high-end products,” said O’Garro, a Cambridge School of Culinary Arts grad. Read more...