// archives

US

This tag is associated with 1 posts

Kiva to Fund Microfinance in the US

March 24, 2009 (Fortune) — When the economic downturn took hold last autumn, the management team at non-profit Kiva.org made a calculated bet to curb investment, anticipating that donors would slow the volume of small loans they make to entrepreneurs in the developing world. That slowdown never came. Now, the non-profit site is racing to [...]

Microlending Demand Increases in the US

Feb 16, 2009 — As banks clamp down, says Sara Ignas, a spokeswoman for the Association for Enterprise Opportunity, a microlending trade group, “our members have seen an increase in demand for loans from those who a year ago could get a bank loan”. (full article)