Back to Mobile View

MicroLoans

On Tuesday, Starbucks launched "Create Jobs for USA," a program to raise loan funds for small businesses. We talked to CEO Howard Schultz about his concerns about gridlock in Washington, unemployment, the need for a sense of solidarity, and the role of corporate leaders in getting America out of this downturn.
Peer-to-peer lending site Prosper.com has stopped letting high-risk borrowers use its site because too many of them failed to repay their loans. The site's problem, says columnist and one-time lender Alex Salkever, is that Prosper got in the way of letting a social bond form between microborrower and microlender.
Microloans for small businesses have taken off in Peru, where informal employment is high and access to credit is low. The nation now ranks No. 1 in the annual Economist Intelligence Unit survey of world's best business environments for microlending.
I used to be a big fan of the microlending nonprofit Kiva.org, thinking my $25 and $50 loans were really going via Kiva to that goat farmer in Kenya smiling on its Web site, and the single mother in Guatemala running a clothing shop to support her kids. Then I read how Kiva doesn't really make...
This isn't your father's banker. Your father's banker was probably human. Today, you can get online loans without ever stepping into a bank -- actually, without even leaving your home. But that facelessness can be either convenient or dangerous. You need to be cautious when shopping for online...
When I was getting ready to finance my college education, (after hitting up my parents) I looked to Federal Pell grants and the beloved FAFSA (Free Application for Federal Student Aid). But things have changed, and in the age of Facebook and online interconnectivity, it only makes sense that...

Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.07-0.11
-1.34%
254.23M
ALU
Alcatel-Lucent (ADR)
2.19+0.25
+12.89%
122.18M
GE
General Electric Company
18.88-0.26
-1.33%
109.55M
F
Ford
12.44-0.25
-1.97%
52.49M

% Gainers

CIE
Cobalt International Energy
31.68 +7.78
+32.55%
18.42M
LNKD
LinkedIn Corp.
89.96 +13.57
+17.76%
13.27M
ALU
Alcatel-Lucent (ADR)
2.19 +0.25
+12.89%
122.18M
WNS
WNS (Holdings) Limited (ADR)
10.50 +1.10
+11.70%
3.07M

% Losers

NBG-A
National Bank of Greece SA (ADR)
5.72-1.03
-15.26%
188,505
OSG
Overseas Shipholding Group, Inc.
10.18-1.65
-13.95%
1.88M
AB
AllianceBernstein Holding LP
14.35-2.16
-13.08%
1.30M
OC-B
Owens Corning (Warrant) 'B'
2.31-0.34
-12.83%
26,436
Newswire

Follow Us

Headlines From DailyFinance Partners

CNN Money
CNBC
Smart Money
Consumer Reports
Huffington Post
AOL Energy
AOL Jobs
Business News Personal Finance Investing Our Partners

DailyFinance Sitemap | Terms of Service | Privacy Policy | Trademarks | HELP | Advertise With Us

© Copyright 2012 AOL Inc. All Rights Reserved