New Program Encourages College Students to Participate in Job Creation

Lend for America announces internship opportunities for college students interested in microfinance as a tool for job creation.

Lend for America, a competitive summer internship program hosted in partnership with the Aspen Institute, has announced the opening of the application period for an internship program to train college students in microfinance.

If selected, applicants will spend the summer from one of three microfinance programs in New Jersey, Rhode Island and North Carolina – each of which offers microloans, business training and other services to low-income Americans.

Vanessa Carter, Director of the Campus Microfinance Alliance, an organization behind the initiative says “What’s different about Lend for America is students will work with real people and real businesses. They’ll see first-hand how the recession has affected small businesses and how microfinance is creating jobs for Americans.”

Program interns will experience hands-on instruction in reviewing loan applications, co-teaching classes on entrepreneurship, fundraising, volunteer coordination and nonprofit management. Additionally, program participants will visit large-scale microfinance organizations and receive comprehensive support for the establishment of Campus Microfinance Alliance programs on their campuses.

Twelve universities currently participate in Campus Microfinance Alliance programs including Northwestern, Brown, Yale, Bentley, University of North Carolina, Georgetown, University of Alabama, Rutgers, Grinnell College, University of Wisconsin, Notre Dame and St. Cloud State University.

Applications for Lend for America will be accepted until February 28th. Applicants must be currently enrolled at a college in the United States and cannot be graduating seniors. Applications can be found online at www.lendforamerica.org.

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