Small Dollar Loans (Consumer Loans)

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:

  • For enrolled EBCI members only

  • Up to $2,500

  • Interest rate is fixed at 10%

  • Pay from per cap

  • Loan proceeds limited to specified uses

  • Must be repaid within one year

For more information, contact Bobbi Bennett at 828-359-5007 or bobbi@sequoyahfund.org.

Click the image to download a loan application.

Once complete, scan and email to bobbi@sequoyahfund.org, drop it by our office, or place it in the dropbox just outside the library in the Ginger Lynn Welch Complex.