| Description |
1 online resource |
| Series |
Book collections on Project MUSE
|
| Contents |
Self-help who? -- A first step -- A financial institution -- Turning point -- Innovation -- An "aha" moment -- "We did not have to be geniuses" -- Cy Pres -- "Shit disturbers" -- A box of rattlesnakes -- The emperor's naked -- "We're here forever" -- Self-help Federal : a national institution -- The mission |
| Summary |
Established by Martin Eakes and Bonnie Wright in North Carolina in 1980, the nonprofit Center for Community Self-Help has grown from an innovative financial institution dedicated to civil rights into the nation's largest home lender to low- and moderate-income borrowers. Self-Help's first capital campaign--a bake sale that raised a meager seventy-seven dollars for a credit union--may not have done much to fulfill the organization's early goals of promoting worker-owned businesses, but it was a crucial first step toward wielding inclusive lending as a weapon for economic justice. In Lending Power journalist and historian Howard E. Covington Jr. narrates the compelling story of Self-Help's founders and coworkers as they built a progressive and community-oriented financial institution. First established to assist workers displaced by closed furniture and textile mills, Self-Help created a credit union that expanded into providing home loans for those on the margins of the financial market, especially people of color and single mothers |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Description based on print version record and CIP data provided by publisher |
| Subject |
Eakes, Martin
|
| SUBJECT |
Eakes, Martin fast |
| Subject |
Self-Help Credit Union.
|
| SUBJECT |
Self-Help Credit Union fast |
| Subject |
Credit unions -- North Carolina
|
|
Loans, Personal -- North Carolina
|
|
BUSINESS & ECONOMICS -- Economics -- General.
|
|
HISTORY / United States / State & Local / South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN, VA, WV)
|
|
Credit unions
|
|
Loans, Personal
|
|
North Carolina
|
| Form |
Electronic book
|
| LC no. |
2017014022 |
| ISBN |
9780822372776 |
|
0822372770 |
|
