http://blackinformant.wordpress.com/2007/04/27/after-the-riots/ African-American culture, news commentary, politics Sat, 19 Jul 2008 14:11:10 +0000 http://wordpress.org/?v=MU http://blackinformant.wordpress.com/2007/04/27/after-the-riots/#comment-4402 S. Cain Sun, 29 Apr 2007 03:57:51 +0000 http://blackinformant.com/2007/04/27/after-the-riots/#comment-4402 Perhaps the city ought to encourage micro-loans via small innovative neighborhood banks. Having grocers is integral to an economy- I mean, people need food! With small loans with interest rates not to exceed 7 or 7.5%, (I don't know the magic number), other small, possibly home based businesses can flourish. People need a little wiggle room for growth, and if the money to tough to acquire, how can any true economic growth occur? Perhaps the city ought to encourage micro-loans via small innovative neighborhood banks. Having grocers is integral to an economy- I mean, people need food! With small loans with interest rates not to exceed 7 or 7.5%, (I don’t know the magic number), other small, possibly home based businesses can flourish. People need a little wiggle room for growth, and if the money to tough to acquire, how can any true economic growth occur?

]]> http://blackinformant.wordpress.com/2007/04/27/after-the-riots/#comment-4401 S. Cain Sun, 29 Apr 2007 03:48:47 +0000 http://blackinformant.com/2007/04/27/after-the-riots/#comment-4401 Perhaps the city ought to establish small community banks and encourage micro-loans. Grocers are important indeed, and is good for economic stability- I mean, everyone needs food! People who have access to relatively small loans with low interest rates can begin small businesses with a cushion of funds to give wiggle room for growth. People often can do great paying back 4-5% interest... Perhaps the city ought to establish small community banks and encourage micro-loans. Grocers are important indeed, and is good for economic stability- I mean, everyone needs food! People who have access to relatively small loans with low interest rates can begin small businesses with a cushion of funds to give wiggle room for growth. People often can do great paying back 4-5% interest…

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