nancylebov (nancylebov) wrote,

Financial services for poor people

I've been wondering for a long time whether it wouldn't make sense for a non-profit to get into offering payday loans and such, and behold, one exists!.

I found out about them here. They didn't start with payday loans, they started with microloans to start businesses, but it became clear that there was at least as great a need for loans for just plain living.

Link thanks to asakiyume.

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