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Cooperativa DE Ahorro Y Credito Padre Salvador Ruffolo (Parrocoop)
Cooperativa DE Ahorro Y Credito Padre Salvador Ruffolo (Parrocoop)
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 3 days
Can you get this?
✓Membership (socio) required to access services
✓Serves youth, families, and older adults
✓Community-based in Villalba, Puerto Rico
Your real odds
Approval rate data is not public, but as a CDFI credit union, Parrocoop uses more flexible lending criteria than a traditional bank.
CDFIs exist specifically to serve borrowers who don't qualify through conventional lenders, so the bar is structured differently, though Parrocoop does not publish its approval rates or loan volume.
What it takes
Become a member by meeting requirements1 to 3 days
Contact lender to discuss loan options1 week
Submit application and documents1 to 2 wks
Worth knowing
Parrocoop offers personal, auto, mortgage, and appliance financing, so when you contact them, ask directly which products can apply to business or startup needs.
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