The American dream is out of reach for millions of Main Street business owners who are not able to access capital or support on the path to capital for their businesses. Hard work alone will not solve the problem given the current path of financial institutions and other market players, even with strong support from a range of community-based institutions. Solving this problem requires the emergence of a new financial system for Main Street. Recognizing this massive market failure, AEO, the national trade association for U.S. microfinance and Main Street businesses, formed a private multi-stakeholder task force to present fact-based and practical recommendations to the White House, the Department of Treasury and the Congress regarding access to capital in amounts of up to $250,000 for the smallest businesses. In parallel, AEO commissioned Ira Lieberman, one of the pioneers in scaling microfinance internationally, to draft a strategic plan to scale Main Street microfinance in the United States.

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Click here for the one-pager from the MCTF Congressional Briefing including policy recommendations.

Click here for the MCTF draft concept note and framework.

Continue to share your ideas, recommendations and feedback with the Working Groups and Task Force team!


MCTF Materials

Click here for an overview of the MCTF and highlights from our multi-stakeholder survey.

Review the participant list and discussion document from the April 24 call for the Working Group to Ensure Inclusion of Underserved Entrepreneurs.

Click here to review the summary of the strategy and recommendations prepared by Ira Lieberman and his team of experts: Keith Catanzano, Paul DiLeo, Alana Heath, Jenifer Mudd, Jose Ruisanchez. Click here to review the full version of the strategy document with supporting materials.



Click here to read prior work on U.S. microfinance from Ira Lieberman, Jenifer Mudd and Phil Goodeve.

Click here to listen to a virtual multi-stakeholder roundtable on Scale & Sustainability for Mission-Focused Lending.



This strategy was developed with generous support from:

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