A new lending system designed to help aspiring entrepreneurs in low-income communities will be introduced to Scotland at the start of next year.
A new lending system designed to help aspiring entrepreneurs in low-income communities will be introduced to Scotland at the start of next year.
Custom byline text:
The Grameen Scotland Foundation will identify business hopefuls "locked out" of the financial system who would benefit from loans charged at competitive rates of interest.
Borrowers are not required to provide collateral up front and are asked instead to show evidence of a saving pattern.
We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.