Community Development Lenders Go Where Amazon Goes When It Needs Cash
Wednesday, November 1, 2017
There are $92 trillion in bond markets around the world. Corporations have ready access to those dollars. For example, when Amazon needed $16 billion to acquire Whole Foods, it borrowed it through the bond market. Now, nonprofit lenders in the U.S. with a mission to make capital meet the needs of poor communities have a foothold into that world.