Sometimes, small gestures can make huge differences in people's lives and livelihoods. That's the premise -- and the power -- of microlending.
For proof, one need look no further than the stories of Marcia and Karen, two entrepreneurs in Costa Rica. They've both been given a leg up from Grameen Bank and Whole Foods Market's (WFM) Whole Planet Foundation.
If you're a Whole Foods shopper, you may have heard the buzz about its Whole Planet Foundation.
This chart, from the New York Fed's recent look into student loans, show two entirely different stories about how student loans are affecting young people. On the left, the two cohorts with relatively small balances, below $10,000, ... Read Post
The small scale microlending once associated with the developing world is taking off in America. According to a story from the NY Times, the economic downturn and tight credit at U.S. banks have forced many small businesses to explo... Read Post