Daily News | A new fund offers coveted loans to formerly incarcerated people in Philly
Dealing with financial institutions — banks and credit card companies, Realtors and rental agencies, car dealerships — filled Michael Butler with anxiety.
Barriers to capital and finance-based opportunities are one of the most pressing issues faced by about who are already employed, have feasible job opportunities, or have viable entrepreneurial ventures. Anyone who’s been locked up, is working or expects to be working, and can point to ways a loan would improve quality of life qualifies to apply. The nonprofitlaunched in Charlottesville, Va., before being expanded to New Orleans, Richmond, Va., and now Philadelphia.
financial coaching helps teach formerly incarcerated people to build credit and learn about entrepreneurship, and
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