microlending, crowfunding, & alternative financial tools tormoen

8
Microlending, Crowdfunding, & Alternative Financial Tools for Underserved Entrepreneurs and Communities Outreach Department Sandra Tormoen February 4, 2014 https://https://www.richmondfed.org/ community_development

Upload: sourcelinkva

Post on 06-Sep-2014

29 views

Category:

Economy & Finance


0 download

DESCRIPTION

 

TRANSCRIPT

Page 1: Microlending, crowfunding, & alternative financial tools   tormoen

Microlending, Crowdfunding, & Alternative Financial Tools for Underserved Entrepreneurs and Communities

Outreach DepartmentSandra TormoenFebruary 4, 2014

https://https://www.richmondfed.org/community_development

Page 2: Microlending, crowfunding, & alternative financial tools   tormoen

The views expressed in this presentation do not necessarily reflect the views of the Federal Reserve Bank of Richmond or

the Federal Reserve System.

DISCLAIMER

Page 3: Microlending, crowfunding, & alternative financial tools   tormoen

3

Helping to strengthen the economy and communities by:

Conducting and sharing research Identifying emerging issues Bringing public and private sector

practitioners together

The Federal Reserve Bank & Community Development Finance

Page 4: Microlending, crowfunding, & alternative financial tools   tormoen

4

We strive to improve the availability of credit and information for small businesses through: Events Resource-sharing Initiatives to raise awareness and increase

access to information

Small Businesses

Page 5: Microlending, crowfunding, & alternative financial tools   tormoen

5

Virginia Microbusiness Network Conference

Community Development Financial Institutions (CDFIs)

Community Development & Microlending

Page 6: Microlending, crowfunding, & alternative financial tools   tormoen

6

Directory of CDFIs CDFI Fund and OFN partnerships for training

Roundtables in Baltimore and West Virginia

Webinars https://www.richmondfed.org/community_development

Our Work with CDFIs

Page 7: Microlending, crowfunding, & alternative financial tools   tormoen

7

West Virginia Loan Fund Collaborative Peer group of CDFIs

and alternative lenders

Page 8: Microlending, crowfunding, & alternative financial tools   tormoen

8

Today’s Panelists

Josh BranfmanFundrise

Jen GiovannittiFederal Reserve Bank of Richmond