You are here

With new program, the city gets into microlending for its own residents

WE NYC will offer interest-free loans up to $1,000 for women entrepreneurs. (Photo from Flickr user Pictures of Money, used under a Creative Commons license)

A new city program will offer women entrepreneurs up to a $1,000 interest-free loan if they can secure another $9,000 from friends, family and the greater internet.

The program is called WE NYC and will be run through the crowdfunding platform Kiva.

For more on this story see: What's New in Civic Tech: New York City Announces Crowdfunding Program for Women Entrepreneurs

Read Complete Article