< 1 min read
September 18, 2015
Microfinance lenders operate nonprofit organizations to give needed monies to startup business, but they also provide education to make the startup into a sustainable entity.
"Rather than lending money and then leaving borrowers to fend for themselves, microlenders also provide counseling and mentoring to help borrowers succeed.
"Nonprofit microfinance organizations also help people in underprivileged and underrepresented communities access the capital they need to start businesses, buy homes or build credit, often when they can’t get financing through a traditional bank.
"Here are eight nonprofit microfinance organizations that lend in the United States...."--Kelsey Sheehy, Nerdwallet