Microloans create new opportunities for "unbankable" entrepreneurs

For entrepreneurs like nail salon owner David Truong, microlending can help to provide the capital necessary to get a new venture off the ground. "Our job is to fill a void, to serve an otherwise unbankable market and help these people find what they need to pursue their passion," said Kurt Thompson, who is with the Southwest Initiative Foundation, which helped Truong to start his business.

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