On Friday, March 23rd MBF finalized the closing of a $50,000 loan to N.O.A. Café and Catering, a popular eatery in Miami’s growing Wynwood area. Adi Kafri, owner and heart behind the delicious Mediterranean and Asian fusion dishes, that have made her dining spot so popular with locals, is looking forward to growing the business located at 2711 NE 2nd Avenue in Miami.
NOA started as a successful catering business 11 years and in 2011 Adi decided to open a stand alone restaurant. The MBF loan provide for an upgrade to the kitchen and add an expanded seating in a protected outside courtyard just in time for the busy season.
“The loan from MBF will allow us to continue our growth and give us the opportunity to build out the courtyard area and offer additional outdoor seating as we look towards the nicer weather months ahead.”– Adi Kafri, Owner NOA Cafe
What a cute little place for a nice meal. If you are in the area and want a homemade feel, this is the place. A little tiny white house on NE 2nd Avenue packs a realm of flavors and spices mot common in this area. – 5 Stars – Naty S. Miami, FL – yelp review
NOA Café is one of the 45+ minority-owned companies that MBF has provided a loan to since 2011 in an effort to advance economic development in the City of Miami. Other companies that have received loans from MBF include, Barks and Tales Dog Spa, Sugar Yummy Mama, Magic City Chefs, FAMA Publishing, Two Coats Painting, Miami Smokers, Bunnie Cakes, BeeFree Media, Moonlighter,H.I.M-istry Naturals, and Medical Equipment Solutions.
Minority and women owned businesses have limited access to funding and MBF aims to fill this the gap through the creation and administration of loan programs for minority businesses, through the creation of programs and educational scholarships for minorities, and by providing technical assistance to local organizations engaged in economic development