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Profile of Microlender Grameen America
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Profile of Microlender Grameen America

Profile of Microlender Grameen America

Fintech Nexus Staff·
FintechNews RoundupUSA
·Feb. 2, 2018·1 min read

The WSJ shares how the non-profit provides micro loans to women entrepreneurs and shares some success stories; the model is largely based on reputation and a support system instead of credit history; loans start at $500 with interest rates around 18% which fall over time as the balance is paid; entrepreneurs can receive larger loans after establishing a track record of repayment. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

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