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December 06, 2021 4:00am

8m

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Today’s letter is about investing in the underinvested. Here’s the letter:

I'd like to invest in some underinvested entrepreneurs. How can I do this? 

In today's episode, we discuss 3 approaches:

  1. Equity crowdfunding for example through Backstage Capital, Arlan Hamilton’s VC.
  2. Microlending, for example through an organization like Kiva
  3. Keep some of your money in a CDFI bank or credit union so people who have historically been locked out of our country’s financial system can have access to capital to buy homes, and take out loans and start businesses.

Find a CDFI bank or credit union in your state: 

https://www.cdfifund.gov/programs-training/certification/cdfi/Pages/default.aspx

To submit your letter to the show, email spenddonateinvest@gmail.com

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