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microfinancing_opportunities [2018/05/16 18:08]
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microfinancing_opportunities [2018/12/03 23:05] (current)
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===== Additional Microfinancing Opportunities ===== ===== Additional Microfinancing Opportunities =====
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 +**December 2018**:
 +If you’re a refugee, or you know one, you may have an opportunity to get a special loan to start your own business. This is a relatively new approach being used by some refugee resettlement groups which help to resettle refugees.  Apparently, though many refugees may not have means they do have the desire to start their own businesses. And they are highly motivated and they have a very low delinquency rate. This fact improves the potential program for a successful program. Some critics of the program claim that it is almost impossible for a U.S. citizen to get a $10,000 micro loan to start a new business. But as this article and [[microfinancing_in_the_united_states|Microfinancing in the United States]] demonstrate, that is not in fact the case. There are opportunities for eligible U.S. citizens to receive micro loans from a number of organizations.
Small business owners or those who wish to be one: you might do well to consider a microlender when looking for cash to start or grow your business. Many of these lenders are very mission focused so if you are doing something positive for your community or market audience you might have an easier time getting funds from them than from more traditional lenders. We’re not talking *millions here — micro loans are typically under or close or equal to $50,000. In addition, the lenders have staff that might be able and willing to provide some advice and mentoring about how to be successful. Small business owners or those who wish to be one: you might do well to consider a microlender when looking for cash to start or grow your business. Many of these lenders are very mission focused so if you are doing something positive for your community or market audience you might have an easier time getting funds from them than from more traditional lenders. We’re not talking *millions here — micro loans are typically under or close or equal to $50,000. In addition, the lenders have staff that might be able and willing to provide some advice and mentoring about how to be successful.
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microfinancing_opportunities.1526494092.txt.gz · Last modified: 2018/05/16 18:08 by admin