U.S. microfinance: Who’s on our side?
One evening last week, Brooklyns’ Borough Hall opened its doors to over hundred information hungry entrepreneurs.
Nydia Velazquez, A spunky and bold congresswoman addressed the diverse crowd of entrepreneurs.
This is what she had to say…
The recovery package has included…
The economic recovery package will enable up to $50 million to be disbursed in small, community-based loans like microloans that are capped at $35,000 each. In addition to this money, $24 million in technical assistance grants will also be available for the microlenders.
Erica Dorn is a fellow in New York City researching U.S. Microfinance. Please feel welcome to contact her at firstname.lastname@example.org/>