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Hedge Funds

NAB’s microfinance pilot fuels new small businesses

Seventy-one new small businesses have been built using microenterprise loans supplied by National Australia Bank (NAB) in a one-year pilot program launched in March 2007. The loans were provided to people with sound business plans but no access to affordable business credit from mainstream lenders, due to a lack of assets or high level of […]
Hedge Funds

NAB’s microfinance pilot fuels new small businesses

Seventy-one new small businesses have been built using microenterprise loans supplied by National Australia Bank (NAB) in a one-year pilot program launched in March 2007. The loans were provided to people with sound business plans but no access to affordable business credit from mainstream lenders, due to a lack of assets or high level of […]