Time well spent: Have a look and listen to this impactful talk with Connie Evans, President & CEO, Association for Enterprise Opportunity in Washington DC, hosted by Bob Coleman of the Coleman Report.
Ms. Evans gives an impressive array of facts about the benefits of micro-lending (loans of up to $50,000) and micro-capital (up to $250,000) to small businesses of up to 5 employees.
Among others, she says that such businesses are declined for loans by banks at a rate of 8,000 declines per day.
8,000. Declines. Per. Day.
The opportunity to serve these underserved small business borrowers is profound.