A San Francisco group helps launch small business owners with micro-loans, which in turn create a path to mainstream credit when they are ready to expand.
The Mission Asset Fund in San Francisco leverages informal lending circles of low-income immigrants, to help borrowers eventually gain access to mainstream bank loans.
One way to evaluate the health of an economy is to look at the jobs picture, which looks pretty rosy so far this spring. But there’s another sign to keep any eye on: the availability of credit.
According to a report in the Washington Post, President Obama's administration is worried that the housing recovery is leaving too many people, including young people, behind.
