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Whole Foods' Micro-Loans Help 1.3 Million People

Mission statements seldom come simpler than the one guiding the Whole Planet Foundation, which aims to alleviate poverty through microcredit — small loans extended to poor people — in communities that supply Whole Foods stores with products. Since 2005, the Foundation has witnessed a payback rate of 97 percent on the staggering $32 million committed to nearly a quarter million microcredit clients in 54 countries globally.

Banks Start to Make More Loans

Guess what's been happening in the financial industry over the last few months? The banks have quietly turned on the lending spigot. After several quarters of having their loan balances plunge or flatten out, several of the nation's biggest banks are reporting increases of 8%.