Microcredit in the US

Feb 24, 2009 — Sokoloff and Powell are among thousands of Americans using microcredit, a financing system originated in the Third World, to help open small businesses or get through rough spots. While the dollar amounts are much bigger in the U. S. than the tiny loans in developing countries — some for less than $10—the principle is the same: a financial stake that lets people in need better their lives. (full article)