This is an archive. Free Speech Radio News ended daily production in 2017 and this site is no longer updated — it preserves FSRN’s reporting from 2000–2017.

Getting By series: micro-loan bank gets 99 percent debt repayment

Recovered from FSRN’s earlier site via the Internet Archive Wayback Machine. Originally published May 21, 2009.

Amid the banking crisis that has brought many US banking giants to their knees, there is one institution which is doing exceptionally well in terms of debt repayment. The bank offers micro-credit loans to poor people in Queens, New York. In another installment of our Getting By series, FSRN’s Salim Rizvi has more on this unique bank and its remarkable borrowers.

Topics: Special Series