Making impactful, real-world decisions
The Microlending Initiative began with a gift to the School of Business and has continued to grow for nearly two decades. Powered by grants to the School of Business, the Microlending Initiative helps propel businesses that lack access to financial backing and would not qualify for standard bank loans. With an approximate 90% repayment rate, the program takes what it receives in loan payments and uses these funds to offer more loans to new business owners and partners.
The microlending initiative functions in three capacities: international microlending, domestic microlending and strategic consulting. Across each subject area, students are challenged to apply their business knowledge in practical scenarios. Students complete every step of the underwriting process, reviewing applications, making strategic analyses and processing approvals based on factors such as potential success in the market and projected financial gain.