Small Dollar Loan Program (SDLP)
Funds nonprofit and public lenders creating small consumer loan options through training and resilience support.
About
The Small Dollar Loan Program awards grants for Loan Loss Reserves and Technical Assistance to Certified CDFIs establishing or maintaining consumer small-dollar loan programs (≤$2,500 per loan) as alternatives to payday lenders and check-cashing services. SDLP grants cannot be used to fund the consumer loans directly — only to capitalize loss reserves and fund TA.
Supported loans must be repaid i…
Max award—
Realistic median—
Success rate—
Decision time—
No upcoming rounds verified. Cadence: Annual.