You can attract mentors by networking with bankers, accountants, lawyers, and other business leaders, including members of the Chamber of Commerce, as well as local colleges and universities. After establishing a chapter and lining up funding and mentors, it will be time to recruit borrowers. Government agencies, civic groups, and religious organizations will be instrumental in helping the chapter recruit borrowers. Again, MILE will provide information about how to recruit borrowers. The borrowers will participate in Borrowing Circles of five members each.
Borrowers attend circle meetings and support other members.
All loans are approved by the borrower's circle and the chapter. Approval is based solely on the character and honor of the borrower, and the borrower's overall business plan. Borrowers do not pay fees to join the chapter, but they are required to pay off their loans with interest in fifty-five weekly installments. Borrowers may apply for additional loans before their existing loans are repaid. The first half hour of the meeting is devoted to chapter business.