Journal Article

Microfinance in good times and bad: Yankee ingenuity keeps microfinance strong

Abstract: With banks still facing challenges, alternative sources of credit are likely to play an increasingly important role in financing small businesses. The authors describe what ACCION USA has learned as its approach to microlending has evolved.

Keywords: Commercial credit; Small business - New England; Commercial loans - New England; Commercial loans; small business finance; Commercial credit - New England;

Access Documents


Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Communities and Banking

Publication Date: 2009

Issue: Spr

Pages: 12-14