COVID-19 Impact: Nonprofit lenders step in to help women, minority-owned businesses survive by offering ‘microloans’

HAYWARD, Calif. (KGO) — By some estimates, about 6,000 businesses have closed in the Bay Area since the COVID-19 pandemic began in March about half permanently. Minority and women-owned businesses are among them. However, they’re getting help with something called “microloans” from nonprofit lenders. They’re small loans that can help […]