The Arroyo Seco Network of Time Banks (ASNTB) has just launched the first ever small business community revolving loan fund operated by a Time Bank. Two loans have already been granted to community members who qualify as "economically distressed, women, the environment, community sustainability, social enterprises, member of the ASNTB, cooperatives, or other sharing economy initiatives."
The Sustainable Economies Law Center is proud to have provided legal assistance in support of this model organization.
Read the full Shareable article, LA Time Banks Create Small Business Loan Fund, by Cat Johnson.
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