Capital Raise Blog Series - Vol 12 - What is Microlending?
RKJ Partners
AUGUST 6, 2017
Microlending was specifically earmarked in the 2009 economic stimulus bill which granted $54 million to the Small Business Administration (SBA) for lending and technical assistance to microlending groups. Also in 1991, a trade organization for microlenders, the Association for Enterprise Organization (“AEO”), was founded.
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