GRANT · HOW TO WIN THIS
Varies; small microloans, collateral-free, repaid over 6 months.
Rolling — no fixed deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
506 borrowers have been served since 2015 with a 99.84% repayment rate, suggesting a highly engaged, selective but accessible borrower base.
The program is community-oriented rather than highly competitive, but it requires active participation in group meetings and savings requirements, so commitment matters more than credentials.
WHAT IT TAKES
Visit solidaritymicrofinance.org and contact the Des Moines office to express interest — 1–2 hours
Open a savings account through the bank sponsor and complete financial training — 1–2 weeks
Join a borrower group and begin bi-weekly support meetings — Ongoing commitment
WORTH KNOWING
Loans are small and collateral-free with a 6-month repayment period — this program is designed for founders who lack credit history or assets, not for scaling an existing business.
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$19/month · cancel anytime