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July 28, 2010, 3:26 pm

Can Microloans Help American Small Businesses?

Amanda Keppert: “My business was drowning and I was afraid it would go under.”Peter DaSilva for The New York Times Amanda Keppert: “My business was drowning and I was afraid it would go under.”
Today's Questions

Despite being based in one of America’s great centers of entrepreneurship (Silicon Valley), Amanda Keppert and her hot dog business, pictured above, needed the help of a tool more commonly associated with centers of third world poverty: microfinance. Ms. Keppert, as Kristina Shevory writes in a just published article, obtained a $6,500 loan through Kiva, which has lent more than $140 million in 53 countries.

Are microloans part of the answer to the small-business credit crisis?


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How I Saved My Company
How I Saved My Company

The New York Times is inviting small-business owners to submit videos about what its like to own a company that struggles but survives. If you'd be willing to make a video, send us an e-mail.

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Paul Downs, who founded Paul Downs Cabinetmakers, writes about the struggles of a small business trying to survive in a tough economy.

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Jack Stack is the founder and chief executive of SRC Holdings, a manufacturing company that pioneered open-book management and has spawned 58 companies since 1982.

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Barbara Taylor, a partner and co-founder of Synergy Business Services, writes about the issues related to buying, selling and valuing private businesses.

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Jennifer Walzer, who is founder and chief executive of Backup My Info!, writes about the challenges of taking her company to the next level. You can follow her on Twitter: @BackupMyInfo.

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Loren Feldman is the small business editor of The New York Times.

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You’re the Boss offers an insider’s perspective on small-business ownership. It gives business owners a place where they can compare notes, ask questions, get advice, and learn from one another’s mistakes. Its contributors also interpret news events, track political and policy issues, and suggest investing tips.

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