We offer unsecured low-cost personal microloans of up to $2,000 to help individuals make personal change or economic progress possible to those who may have a more difficult time accessing loans or affording the high interest rates charged by non-bank lenders. The loans are intended to help be a “leg up” to improve a life situation or start or grow a small business. Peer advocates assigned to help with the simple application process will help to replace what is required by traditional lenders.
Some examples of life-changing microloans could include:
- lending money for equipment or initial start-up costs for a small business
- lending money to purchase a computer to work or take coursework from home
- lending money for the security deposit for an apartment which may lead to secure housing
- lending money to start an educational training program
Click here to view the SPARK Microloan brochure.
Click here to view SPARK Microloan brochure (Spanish version).
To complete a SPARK Microloan Application, please click here. Fill in the form and print the completed form. Follow the directions for sending the completed application.