Startup Eskala Aims To Reimagine Microfinance With Micro-Equity

Newly minted Eskala has an ambitious mission: to reimagine microfinance. A recent spin-off from nonprofit Global Brigades, the startup is focusing on what Steve Atamian, Eskala’s president and Global Brigades’ chief strategy officer, calls “micro- equity,” which, as the term suggests, is all about taking equity positions in, rather than making loans to, ventures in low-income communities.

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