Small Business

Microloans For Poor Arrive In Charlotte

Jan 2, 2013
www.grameenamerica.org

Charlotte is a bank town – known for banks in the traditional sense – like Bank of America and Wells Fargo that offer checking accounts, credit cards and loans, if you can qualify. But in the last week, a very different kind of bank opened in Charlotte offering what's known as microloans to small businesspeople who couldn't qualify for a traditional one.