Billionaire fashion designer Tory Burch includes Self-Help Credit Union in her micro-lending program that empowers female entrepreneurs.
As some credit unions continue to be the lifeline for microenterprises seeking out loans for less than $2,500, a number of challenges to meet their needs may still exist.
New Orleans credit union says 39 small business loans done in first year.
Kiva.org, the online organization that allows individuals to invest in development micro-loans around the world, has chosen a community development credit union as its field partner for its micro-lending effort in New Orleans.
Success with New Orleans credit union encourages micro-lending organization to partner with more.