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Micro Finance: Helping to Create First-Time Entrepreneurs

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Event Date and Time: 
09/08/2011 - 1:00pm - 2:00pm

Introducing Connecting Communities™

A new call-in series from the Federal Reserve for community development professionals across the country

Please join us for our inaugural session.

Sponsored by the Federal Reserve System for Community Development Professionals

Register now at

Information about this series:

This 60-minute session will provide participants with an opportunity to learn about how micro finance can serve as a catalyst for increasing economic opportunity in low- to moderate-income communities in the U.S. Listeners will hear about the diversity of the micro-finance industry and will learn about one model, the Grameen micro-finance organization, founded in Bangladesh and replicated in developing countries. During this session we will examine Grameen America’s rapid and recent growth in the U.S. market, discuss this model’s strengths and limitations, and leave time to address participants’ questions. This session has been organized by the Federal Reserve Bank of Richmond in partnership with the Federal Reserve Bank of St. Louis.

Guest speakers include:

  • Tammie C. Hoy, Federal Reserve Bank of Richmond
  • Molly McGrath, Grameen America
  • Agnes Ubalde and Sarah Bennett, Wells Fargo
  • Tracey Greene-Dorsett, Z. Smith Reynolds Foundation

Session moderator:

  • Kimberly Zeuli, Federal Reserve Bank of Richmond

About Connecting Communities™ is a new call-in series that allows community development professionals from across the country to connect with industry experts to hear and discuss current developments and initiatives. Hosted by the Federal Reserve System, the series’ topics will vary and will also be of interest to economic development professionals, financial institution representatives, community advocates, and policymakers.

All sessions are free and open to the public, but pre-registration is required. After registering, connecting is simple. All that is needed is a telephone to access the live conference call via a toll-free number and a web connection to view the speakers’ presentations. Both the audio of the session and the slides will be archived on the Connecting Communities site for future reference.

For more information:

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