Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Business
Policy Options For Microlender Funding In Arkansas, Harvard Law School Mississippi Delta Project
Policy Options For Microlender Funding In Arkansas, Harvard Law School Mississippi Delta Project
Delta Directions: Publications
Very small businesses, otherwise known as “microenterprises,” play vital roles in the local, state, and national economies. As engines of employment, entrepreneurship, and innovation, microenterprises can be highly successful vehicles for inclusive and robust economic growth. However, many such businesses are constrained by lack of access to credit. Microenterprise owners and entrepreneurs may lack the credit or operating history needed to obtain a traditional small business loan at a commercially viable rate of interest, or the loan amount requested may be too small for a traditional lender to consider. Undoubtedly, a great many entrepreneurial opportunities are lost for lack of …
Mississippi Kids Count: Financial Literacy Education In Mississippi, Terrance Garrett, Mark Holden
Mississippi Kids Count: Financial Literacy Education In Mississippi, Terrance Garrett, Mark Holden
Delta Directions: Publications
This report concerns child financial literacy education in Mississippi. Lack of financial literacy can be viewed as a root cause of many of the problems that individuals and families face in Mississippi, particularly in the state’s poor and rural areas, including the proliferation of both subprime mortgages and payday lending. As this report discusses, one of the best ways to develop financially literate and capable citizens is to educate children in the basics of personal finance. Individuals that lack basic financial knowledge and skills are at a disadvantage in navigating the modern economy and are vulnerable to being taken advantage …