Nusenda Credit Union has added four partners to its Nusenda Co-Op Capital microloan program, which targets underserved and marginalized groups with loans typically ranging from $250 to $10,000.
Native Renewables, New Mexico Community Capital, NMCAN and the Santa Fe Community College Foundation along with existing partners identify potential borrowers and underwrite the loans, and Nusenda issues and services the loans.
SFCC will use the program to obtain emergency funding for students to stay in ...