Community-Based Credit

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Richard Taub's book Doing Development in Arkansas describes the first, troubled decade of work by Southern Bancorp ("Southern") to revitalize a rural area after the example and instruction of...
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The current financial mess is a wonderful opportunity for credit unions, building societies, microfinance institutions, and other social banks to seize a significant share of the market for banking...
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As the banks leave Winnipeg's North End, the pawnshops, cheque cashers, and payday loaners move in. This may reflect the laws of supply, demand, and risk, but is it healthy for the community? No way...
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Debt, manufactured by banks without the backing of real assets and inflated over time through compound interest, redirects the wealth created in the productive economy to a non-productive financial...
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The 1996 report of Parliament's Standing Committee on Finance indicates growing federal impatience with the banks, but no willingness to take decisive action.
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If you are an entrepreneur with no 'real job,' no capital, and no business plan, don't expect to get a loan. VanCity Credit Union wants to do something about that.
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A few government programs are beginning to recognize the importance of the community, both as a source of capital and as the appropriate level for decision-making and accountability. But government...
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In these excerpts from her presentation to the federal Standing Committee on Industry (March 1994), the author argues for change to our banking system so that 'our banks only succeed if Canadians...
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The banks can't learn community development finance; nor (being global institutions) will they be taught. Why waste time on creating a Canadian Community Investment Act when we could conceivably make...
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Banks look askance at microlending for some darn good reasons. For microloan funds to prosper, they have to perfect (not just create) alternative systems and procedures of lending, capitalization,...