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north carolina

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Credit Union in North Carolina Considers Microcredit

By Ryan Calkins ⋅ February 7, 2009 ⋅ Post a comment

Feb 7, 2009 — State Employees’ Credit Union (SECU) is exploring, with other local financial industry leaders and regulators, the possibility of bringing the Grameen micro-credit lending system to North Carolina. With 15% of North Carolinians living at or below the poverty line and the unemployment rate now above 8.9%, the Grameen model could help [...]

Grameen Scouts Funding for More US Microfinance

By Ryan Calkins ⋅ February 6, 2009 ⋅ Post a comment

Feb 5, 2009 — Muhammad Yunus of Bangladesh, a Nobel Peace Prize winner for pioneering a micro-lending model for the world’s poorest to engage in business, said Thursday his formula can also help recession-racked American families escape poverty.
“This is the right time to come here,” Yunus declared as he sought $2 million in seed money to [...]

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