MicroLoan Program
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Documents
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Interested in becoming a financial mentor? Click on the MicroLoan Mentor Training Link above!
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MicroLoans from this Conference are intended for residents of Fairfield County, Ohio only. There are neighboring conferences that may offer similar programs in their county.
The MicroLoan program is new to our Conference. It is designed to offer small loans of up to $1000 that are repaid by the borrower at a very low interest rate. Eligible expenses include:- Car Expenses
- Education Expense
- Health Expense
- Emergence Home Equipment Expense (unlivable situation)
- Other Extraordinary Expenses. (loans are not made for regular living expenses)
Repayment of the loan helps borrowers establish or improve their credit score/history.The MicroLoan program can serve as a good alternative to predatory lending companies that charge a very high interest rate and can trap the borrower in a cycle of debt. Financial planning training is required to help the borrower establish a budget and manage money more effectively.
If you are intersted, you can see if you qualify by completing the form below or by dialing 211 (Information and Referral). If you are calling outside of the 740 area code you must dial (740) 687-0500 for Information and Referral.