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Golden rule farm near charles town wv8/28/2023 ![]() We were able to help close her funding gap and make the project cash flow, with a loan supported by the supported by the West Virginia Capital Access Program (WVCAP). First Community Bank was able to lend her 80% of the appraised value of the property but with necessary repairs and start-up inventory costs this wasn’t enough to get her business to the starting line.Īs a CDFI, Woodlands’ goal is to help community banks meet their customer’s needs. Coe invested her own money into the project but she needed to borrow the rest of the money to purchase the real estate and invest in repairs and initial inventory. Coe’s path to this ribbon cutting is an instructive example of collaboration between funders, non-profits, and rural initiatives. Starting a business in a rural area is complicated and challenging for many reasons. Coe expects Coe’s Country Store to serve her local community and be a valuable amenity to tourists traveling through en route to events, festivals, or the WV Game Farm down the road.Ĭoe, a mother of ten, has extensive experience as a convenience store manager in the area but was ready to invest directly in the future of her family and her community by bringing this project to life. Located near the Upshur/Lewis County line, well off the beaten path, by all accounts French Creek qualifies as a food desert where residents must travel a significant distance to access daily necessities. A picnic area and camping are available on site. The large, clean building, nestled 24 miles south of the county seat, Buckhannon, stocks all the expected snack and drink favorites but also features a rotating selection of locally made favorites like BBQ, hot dogs, biscuits & gravy, and even fresh produce in season. ![]() Coe’s Country Store is a convenience store designed to meet the needs of a remote, rural area. On a sparkling day at the tail end of winter Woodlands Development & Lending joined Nicole Coe and a host of her family and supporters to cut the ribbon on her new business: Coe’s Country Store, in French Creek, WV in Upshur County. Coe’s Country Store: A Study in Rural Collaboration ![]()
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