Podcasts & RSS Feeds
Most Active Stories
- UW's MOOC On Public Speaking Proving To Be Massively Popular
- Seattle Business Owners: $15 Minimum Wage Could Prove 'Possibly Fatal'
- UW Professor Traces Growing Income Gap To The Collapse Of Organized Labor
- How To Make Your Own Crème Fraîche — And Why You Should
- This, We Agree, Was The First-Ever Recorded Rock And Roll Song
News & Music Contributors
Wed July 6, 2011
Mysterious microfinance firm re-emerges
A year ago the Seattle microfinance firm Unitus closed its doors, laid off most of its staff and didn’t really tell anybody (including some major donors) why it did so.
Unitus, which had claimed its primary mission was to help poor people, also happened to have made a lot of money — having invested in an Indian company, SKS Microfinance, which had pursued this anti-poverty financing scheme as a for-profit venture.
Now, Unitus has been resurrected as Unitus Labs.