Financial capital is a critical ingredient in any economic development effort, and groups that lack access to capital face a significant barrier to participation and prosperity. Often those with the least are charged the most for access, a reality known as the “poverty premium.”

Community Credit Lab is a social enterprise non-profit organization working to provide access to capital for those who have difficulty securing financing. Community Credit Lab co-founders Sandhya Nakhasi and Ryan Glasgo join to talk about their work to eliminate the “poverty premium”, why no interest lending is realistic, and how affordable credit can be a powerful tool in communities.

Notes:
Community Credit Lab: www.communitycreditlab.org
To support Community Credit Lab: https://www.patreon.com/communitycreditlab
Community Credit Lab Twitter: https://twitter.com/affordcredit
Community Credit Lab LinkedIn: https://www.linkedin.com/company/23768710
Mission Asset Fund: https://missionassetfund.org/
Boston Impact Initiative: https://bostonimpact.org/
Boston Ujima: https://www.ujimaboston.com/
RSF Social Finance: https://rsfsocialfinance.org/

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