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Full-Text Articles in Education

Extension Demonstration: Grameen Microfinance Methods And Capital Access For Low-Income Female Entrepreneurs, Mark A. Edelman Jul 2020

Extension Demonstration: Grameen Microfinance Methods And Capital Access For Low-Income Female Entrepreneurs, Mark A. Edelman

Economics Working Papers

A nonprofit community development financial institution and Extension collaborated to conduct a demonstration project to evaluate efficacy of Grameen peer-group microfinance methodology in addressing barriers faced by lowincome women entrepreneurs in a small metro area. Program performance metrics achieved by 284 low-income, culturally diverse, primarily women entrepreneurs over five years included: a loan repayment rate of 99+ percent, increased average client income, savings accumulation at a local bank, and increased opportunities to improve average credit scores. Client surveys indicated peer-group methods, program structure, incentives for individual behaviors and group responsibilities provided opportunity to develop confidence, leadership skills, and teamwork.


An Extension Case Study In Institutional Innovation: Microfinance Intermediary Formation, Mark A. Edelman Apr 2015

An Extension Case Study In Institutional Innovation: Microfinance Intermediary Formation, Mark A. Edelman

Economics Publications

An institutional innovation process led by Extension created a statewide microfinance intermediary. The intermediary provides business technical assistance and microloans to entrepreneurs having difficulty securing conventional credit but having workable business plans. The process included (1) gathering indicators of a problem; (2) formation of a steering committee of relevant interests to study the concerns; (3) a search for alternative solutions and assessment of probable consequences; and (4) emergence of an institutional strategy for addressing gaps. A business plan was implemented over 5 years. The collaboration created new opportunities on multiple levels for Extension problem-solving impacts and outcomes.


Identifying The Skills That Students Need To Succeed: Perspectives Of Us And Global Apparel Entrepreneurs And Small Business Owners, Nancy N. Hodges, Kittichai Watchravesringkan, Jennifer Yurchisin, Elena E. Karpova, Sara B. Marcketti, Jane Hegland, Ruoh-Nan Yan Nov 2012

Identifying The Skills That Students Need To Succeed: Perspectives Of Us And Global Apparel Entrepreneurs And Small Business Owners, Nancy N. Hodges, Kittichai Watchravesringkan, Jennifer Yurchisin, Elena E. Karpova, Sara B. Marcketti, Jane Hegland, Ruoh-Nan Yan

Apparel, Events and Hospitality Management Conference Proceedings and Presentations

Textile and apparel graduates entering the workforce must understand the role that small business plays within the industry and overall economy.