Microfinancing Represents an Exciting and Lucrative New Market Opportunity for Credit Unions

By Bob Davis It is a universal truth: Old-fashioned loans are hard to come in these economic times. For those below the poverty line, this is especially true, as it can be a task even to keep up with payments, much less drive profit for the lender. This is why microcredit, the smallest variety of loans with low principal and an attractive interest rate for all parties, represents such a great...

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