On the recordJuly 7, 1999
I'd like to ask a question. I'd like to ask Frank or Andrew a question. What is the average size of a microenterprise loan that you give? Andrew Gordon. For the last 10 years, Mr. President, it has been under $2,500. And those $2,500 make a difference. Our default rate, after lending over $7 million in Arizona, sir, the default rate is less than 4 percent.
Source
govinfo.gov




