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microfinancing_opportunities [2018/02/16 23:04]
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microfinancing_opportunities [2018/05/16 18:08] (current)
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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.
-**News: SBA Offers Microloans**
The U.S. Small Business Administration is now offering a Microloan Program! It offers loans of up to $50,000 to boost working capital or to make purchases of things like inventory, furniture, supplies and more. This could be a great way for you to get a short term loan to help you start or grow your business. Loans are not made directly by the SBA but by their “designated intermediaries.” To find out more just contact the SBA office nearest you!+**News: SBA Offers Microloans** 
The U.S. Small Business Administration is now offering a Microloan Program! It offers loans of up to $50,000 to boost working capital or to make purchases of things like inventory, furniture, supplies and more. This could be a great way for you to get a short term loan to help you start or grow your business. Loans are not made directly by the SBA but by their “designated intermediaries.” To find out more just contact the SBA office nearest you!
**Kiva**: Kiva is a U.S. non-profit organization with a mission to alleviate poverty -- not just in developing countries but in the United States as well. They do this through small loans (microloans) to people who don't have bank accounts or financial networks they can tap to get their small business started. They use the internet and a broad network of microfinance institutions and now individuals to make loans to improve people's lives and create opportunities. On their site potential lenders who believe in this cause can donate to specific borrowers, whose story they read on the site. These donations are used to finance specific people and opportunities and are provided in no-interest loans. If you have a dream and a small business idea you should check it out and put your story out there! You don't need a credit history or financial statements, just determination and some people who are willing to support you! **Kiva**: Kiva is a U.S. non-profit organization with a mission to alleviate poverty -- not just in developing countries but in the United States as well. They do this through small loans (microloans) to people who don't have bank accounts or financial networks they can tap to get their small business started. They use the internet and a broad network of microfinance institutions and now individuals to make loans to improve people's lives and create opportunities. On their site potential lenders who believe in this cause can donate to specific borrowers, whose story they read on the site. These donations are used to finance specific people and opportunities and are provided in no-interest loans. If you have a dream and a small business idea you should check it out and put your story out there! You don't need a credit history or financial statements, just determination and some people who are willing to support you!
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microfinancing_opportunities.txt · Last modified: 2018/05/16 18:08 by admin