Sentences with phrase «microloan assistance»

Not exact matches

Rather than eliminating the microloan program, for instance, Preston's 2008 budget request proposes raising interest rates to the intermediaries and offloading the technical assistance to partners that already provide training.

Even microloan technical assistance, which the administration wants to cut by $ 9 million, would see a further $ 2.5 million shaved because, according to the committee report, «a majority of training provided by microloan intermediaries is not to borrowers but to prospective borrowers, many of whom do not become borrowers.»

The SBA Microloan Program makes direct loans and grants to community - based nonprofits that provide microloans of up to $ 50,000, and training and technical assistance to startups and growing small businesses.