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Fri, 09/27/2013 - 13:02
When the Bentley Microfinance Group (BMG) was launched in 2008, artisan Frank Burns was the group’s second microloan recipient. Five years later, a lot has changed for both sides. Burns is selling handmade pieces in the woodworking studio. The $800 loan he took allowed him to purchase materials to produce more pieces. The 40-member student-run organization has made a total of five microloans, and recently published one of the first student-edited, student-run, microfinance journal.