Expand Micro-Lending
- Copyright
- 2021
- Published Date
- 04/16/2021
- Published By
- Well Being In the Nation Network
Organizations that are not banks can give small loans called microloans. The U.S. Small Business Administration gives funds to nonprofit community-based organizations. The money goes to organizations that know about lending, management, and technical support. They give microloans to very small businesses that might not be able to get regular bank loans.