By Elizabeth Rhyne, Financial Access Initative Blog This year the microfinance sector got hit with three whammies. The first was the crisis in Andhra Pradesh, where rapid loan growth….
Small Business Story of the Year: The Rise of Alternative Lending
By Rohit Arora, Small Business Trends Supporting small business was among the top economic stories of the year, and the rise in lending to those growing companies was the most important development in 2011.
Banks still waiting on most Dodd-Frank rules
By Danielle Douglas, Washington Post A year and a half has gone by since the Dodd-Frank financial reform act was signed into law, but barely a quarter of the rules in the legislation have been finalized, though federal regulators are rolling out key components of the bill. …
The philanthrocapitalism debate
By Felix Salmon, Reuters Blogs (blog) Organizations such as GlobalGiving, Kiva, and DonorsChoose have made a great start, but this revolution has a long way to go. And we mean revolution, maybe even a mass extinction of traditional nonprofits that cannot engage their givers….
By Angus Loten, Wall Street Journal Banks with assets of more than $10 billion approved 10% of total loan requests last month, up from 9.3% in October and 9.2% in September, according to a Biz2Credit analysis of 1000 small-business loan applications. Small-business loan approvals by …
How to Use Retirement Funds to Start a Business
By Laurie Kulikowski, The Street Rolling over a qualified retirement plan is a good way to inject equity into your business without penalty, says Steve Stovall, vice president of business development at Benetrends…