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Session Details

Matt  Hull

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Small Dollar Lending as a Social Enterprise: Bringing the Community Loan Center to Michigan

  • Matt Hull, Texas Association of Community Development Corporations
  • Date:Wednesday, May 1
  • Time:8:30 AM - 9:30 AM
  • Learning Level:Advanced
  • Target Audience:Nonprofit Organizations, Lenders

Many low-income families are unable to obtain conventional credit and rely on payday and auto-title lenders that come with predatory interest rates for small loans. This session will look at an alternative option working in 10 states that has provided more than 40,000 small dollar loans by allowing local nonprofits to serve as the lender. Learn how you can bring The Community Loan Center to your area.