Foundation's loans give women entrepreneurs a boost

Sherri Welch - Microloans and a pitch competition launched by the Michigan Women's Foundation over the past few years to support women entrepreneurs are quietly helping to create jobs. The foundation is among a growing number of groups making small, high-risk loans of under $50,000 to entrepreneurs that banks won't touch. The loans are helping people like Jess Sanchez McClary, founder of McClary Bros. drinking vinegars, get an early start they might not otherwise have had because their credit isn't good