Mom-and-pop economic development - Boosting unbanked immigrant entrepreneurs in Lawrence

"Soon after the Lawrence Partnership launched the loan program in the fall of 2015, it became clear that it had tapped a profound need in the community. The fund began with $1 million in available funds, fronted by Eastern Bank, Enterprise Bank, TD Bank, and Merrimack Valley Federal Credit Union... 'They’ll create jobs,' says Chester Szablak, an executive vice president at Enterprise Bank and a member of the Lawrence Partnership’s board. 'Ultimately the more jobs we can create by making capital available, the better for the city socially and economically.'..." Read More at Commonwealth Magazine online