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Issue Position: Access to Lending for Victims of Domestic Violence

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When victims get caught in a cycle of violence, it is difficult to break free, especially financially. Many victims lack the most basic of levels of financing needed, even on a micro-level, to start a small or home based business. This legislation will address one of the many obstacles faced by victims of domestic violence and attempt to provide the tools for financial success. The ultimate goal is to provide a viable avenue to break free from domestic violence and abuse.

While micro-loans won't move a woman from financial dependence to independence, it may address an immediate crisis that will allow her to go to work every day, get training or remove a small roadblock that can seem insurmountable. Extensive research has shown that women get into, stay in and go back to abusive relationships because they don't have the economic stability to support themselves and their children.


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