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Nasha Lending’s Microloans Curate Local Entrepreneurship

Taylor Beard is director at Nasha Lending. Image by Will Crooks courtesy of Community Journals.

Necessity is the mother of invention. In the wake of the 2008 financial crisis, loans to small businesses plummeted, leaving would-be entrepreneurs few options for startup funds. Enter Nasha Lending, a nonprofit that collects funds from investors and issues those funds as microloans to under-resourced entrepreneurs. The company, whose name is derived from the Hebrew word nasha, “to lend,” is directed by Taylor Beard, a 2011 political science and Spanish graduate of Furman University. In an Upstate Business Journal piece by Andrew Moore, Beard says, “All of our programs build a solid foundation for aspiring entrepreneurs. We want to be the place that launches people into entrepreneurship.”

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