Money from the U.S. Treasury Department’s Community Development Financial Institutions Fund’s latest round of funding will help credit unions offer members alternatives to high cost payday and auto loans, improved savings options, financial education and loans to bring fresh food into neighborhoods that currently do not have any, according to...
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.
Micro-loans backed by Kiva would still count against 723 Cap.
Success with New Orleans credit union encourages micro-lending organization to partner with more.