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To help offset the pain of their suddenly jobless colleagues, a group of journalists has designed a website where donors can support those in the industry affected by the coronavirus. Within 24 hours, journalists had pledged $50,000.
Microloans for Journalists went live on Monday, and by mid-day Wednesday the site had verified $80,000 worth of pledges from current and past members in the news business, including retired reporters and media professors.
The site is designed to connect those in need of a loan, at 0% interest, with lenders who are willing to front the funds.
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