Assets of Community-Based Financial Institutions Increasing
by New Economy Working Group on Oct 17, 2013 | Views: 143 | Score: 0
| Combined assets of community development banks, credit unions, loan funds, and venture capital funds | |
|---|---|
| 1999 | 5 |
| 2010 | 41.7 |
Year
Billions of dollars
Sources:
issuu.com
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This allows local entrepreneurship to thrive by making it possible for small businesses to take out loans that traditional lenders would not provide, either through unwillingness or inability.