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How Small Business Can Benefit from Village Banking

Here's a community-based solution with lessons for every small business – no matter where they operate.

Small businesses in the United States fail at an alarming rate. Half close their doors by year five, and 70 percent by year 10. The No. 1 reason? They run out of money. Compare that to small businesses in Ecuador and Guatemala, which are diligent about managing finances and have a nearly 100 percent loan […]