Martin Eakes is co-founder and CEO of Self Help Credit Union and the Center for Responsible Lending. He holds a law degree from Yale, a master's from the Woodrow Wilson School of Public Affairs at Princeton, and a bachelor's degree from Davidson College. A native of North Carolina, Eakes is a nationally recognized expert on development finance and has been honored by the John D. and Catherine...
Martin Eakes is co-founder and CEO of Self Help Credit Union and the Center for Responsible Lending. He holds a law degree from Yale, a master's from the Woodrow Wilson School of Public Affairs at Princeton, and a bachelor's degree from Davidson College. A native of North Carolina, Eakes is a nationally recognized expert on development finance and has been honored by the John D. and Catherine...
A new survey is shining a harsh spotlight on the urgent need for non-predatory financial services in the South. A recent Gallup poll found minority-owned businesses face tougher challenges obtaining loans. The study, commissioned by Wells Fargo, found that 77 percent of black business owners use their own personal cash to finance their businesses, and 47 percent of black-owned businesses are...
The Babcock Foundation occasionally commissions learning papers to increase our board and staff knowledge of various pathways out of poverty, with a focus on the Southeastern United States. This study was released in June 2011 to inform organizational thinking about the challenges and opportunities facing community development financial institutions (CDFIs).
CDFIs are for-...