Rural Microentrepreneur Assistance Program
Applications are accepted year round. Provides loans and grants to Microenterprise Development Organizations (MDOs) to:Provide microloans to help microenterprises startup and growth through a Rural Microloan Revolving FundProvide training and technical assistance to microloan borrowers and micro entrepreneurs
Eligible Areas:
Rural areas outside a city or town with a population of less than 50,000. Urbanized areas near a city of 50,000 or more may not be eligible.
The borrower’s headquarters may be based within a larger city so long as the project service area is located in an eligible rural area.
The lender may be located anywhere.
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