PEOPLE TRUST Community Loan Fund

After the financial crisis of 2008, the State of Arkansas banned Payday Lending and did to follow up with a safer alternative for access to capital for the unbanked and underbanked individuals and disadvantaged, small businesses. These low income communities lack financial education and small business technical assistance. Every community has to have a financial mechanism in place within the community to provide essential financial products and developmental services needed for self sufficiency, economic mobility and sustainability. Economic exclusion is real, and the law restricts access to credit in Arkansas. Banks moved out of the low income communities, leaving them...

Consumer micro loans,community signature,credit builder,auto & first-time home buyer assistance,bill assistance,financial literacy & coaching,emergency fund,loans,community,little rock,arkansas,arkansas,black-owned,and minority

People trust community loan fund operates in the Financial services industry.

People trust community loan fund's revenue is 11m - 100m

People trust community loan fund has 11 - 50 employees.