Last week, Forbes Magazine ran an interesting Q&A with HOPE Enterprise Corp.'s chief-executive officer Bill Bynum.
Bynum told interviewer Willy Foote that the population HOPE serves through its credit union is similar to a developing nation and talked about why HOPE is successful, saying:
"It’s certainly not easy but it doesn’t require rocket science. The tools are by and large the same ones that the banks use. Our difference is that we add a commitment to serving these markets. It’s a matter of will. We are very committed to making sure people have access to capital regardless of who their parents were, or where they live or what they look like. "
Read the rest of the interview here.