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Content about Microcredit

May 24, 2011
To Your Credit, Part 1

CHICAGO  — According to the experts, the recession ended in the summer of 2009. Three months after that, however, U.S. Treasury Secretary Timothy F. Geithner said, “This credit crunch is not over.” With all the available capital apparently going to big business and government, what can the financially-strapped small-business owner do?

October 19, 2009
Stimulus Is Helping Small Business, Senator Says

WASHINGTON — The small-business provisions included in the American Recovery and Re-investment Act are working, according to Sen. Olympia Snowe (R-Maine), ranking member of the U.S. Senate Committee on Small Business and Entrepreneurship.

November 24, 2008
Proposed Senate Stimulus Package to Include Aid for Small Businesses

WASHINGTON — Several small-business proposals within a recent economic stimulus package within a bill being discussed in the senate are designed to help alleviate the credit crunch, providing help to entrepreneurs stressed by a worsening economic climate.

Sen. John Kerry (D-MA), Chairman of the Senate Committee on Small Business and Entrepreneurship, and Sen. Charles Schumer (D-NY), a senior member of the Senate Committee on Banking, are urging their Republican colleagues to put politics aside in support of the package.