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Solidarity Microfinance (Iowa Community Capital)
Solidarity Microfinance (Iowa Community Capital)
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 hrs
Can you get this?
✓For women and community members
✓Small business loans available
✓Members must open a savings account
✓Financial training participation required
Your real odds
506 borrowers served since 2015 with a 99.84% repayment rate tells you this program selects carefully and expects you to follow through.
Selection here weighs your commitment over your credentials, and that commitment shows up in practice: you must attend group meetings and meet savings requirements throughout the loan.
What it takes
Contact the Des Moines office to express interest1 to 2 hrs
Open a savings account and complete financial training1 to 2 wks
Join a borrower group and attend bi-weekly meetings
Worth knowing
Loans are small, collateral-free, and repaid over six months, so this program is built for founders without credit history or assets, not for someone looking to scale an existing business.
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$19/month · cancel anytime