microlending

Business
2:19 pm
Sat May 11, 2013

Some Flint entrepreneurs are getting a helping hand

Entrepreneurs and potential microlenders meet and greet at the kickoff of KIVA Flint on Friday
Steve Carmody/Michigan Radio

Small Flint entrepreneurs are getting a boost from a new micro-lending program.

The group, KIVA.org, uses its website to link small business owners with individuals willing to loan them a small amount of money to get their business started.

Elizabeth Garlow is with Michigan Corps.   She says the future success of the KIVA Flint program depends on local people getting involved.

“It really will depend on how quickly the community rallies around this initiative…and takes action to go and nominate an entrepreneur and lend to them,” says Garlow.

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