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LA-based SoLo Funds raises $10 million to offer an alternative to predatory payday lenders SoLo Funds wants to replace payday lenders with a community-based, market-driven model for individual lending, and now has $10 million to expand its business in the U.S. Payday lenders offer high-interest, short-term loans to borrowers who are at their most vulnerable, and the terms of their loans often trap borrowers in a cycle of debt from which there’s no escape. Around 80% of Americans don’t have ...

Each year, 14-year-old Kaiya Jones of Ellicott City looks forward to spending time with her family to celebrate Kwanzaa at the Reginald F. Lewis Museum of Maryland African American History & Culture.