Small Dollar loans are loans designed to help make household purchases that improve your home, your life, and your credit. These loans are funded by the U.S. Treasury Department's CDFI Fund. These loans are simple to access. Here are the guidelines:
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For enrolled EBCI members only
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Up to $2,500
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Interest rate is fixed at 10%
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Pay from per cap
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Loan proceeds limited to specified uses
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Must be repaid within one year