USDARD provides zero interest loans to local utilities which they in turn pass through to local businesses for projects that will create and retain employment in rural areas. The Rural Business Investment Program promotes economic development and creates jobs and wealth opportunities by supporting the equity capital investment needs in rural America. The Rural Micro Entrepreneur Assistance Program provides loans and grants to micro enterprise development organizations MDOs to help micro enterprises start up and grow through a Rural Microloan Revolving Fund and provide training and technical assistance to microloan borrowers and micro entrepreneurs. (01:51–02:02)
CLAIM
Asserts that the Rural Business Investment Program supports economic development and job creation.
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