The SBA microloan program is designed to provide loans up to $ 50,000 to existing small businesses and startups that are underserved by traditional financing avenues. (valuepenguin.com)
Accion also provides special microloan programs for startup businesses, daycares, food and beverage businesses and business located in Upper Manhattan, New York. (valuepenguin.com)
For example, studies similar to Karlan's, including assessments of microloan programs, have been done by Abhijit Banerjee and Esther Duflo, both at the Massachusetts Institute of Technology. (scientificamerican.com)