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Good Bank

Good Bank

Cambridge (MA), 02138, United States

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About Good Bank is a micro lending project serving homeless youth and adults. The project is part economics research and part social enterprise.
Description Good Bank was founded by Corinne Espinoza, fueled with generous support from The Awesome Foundation and re-fueled with donations along the way. Good Bank, a micro lending project for the U.S. Poor, focuses on lending to homeless youth and adults. Good Bank has been operating for almost 18 months, has made over 280 loans and enjoys a repayment rate of about 40%. Loans are made on the honor system, zero interest and 100% Awesome.
Founded Corinne Espinoza
Products Tiny loans for folks who need them. Focuses on lending to homeless youth and adults.

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