The MicroLoan program is designed to offer small loans of up to $1000 that are repaid by the borrower at a very low interest rate. Eligible expenses include: - Car Repair - Education Expense - Pay off High Interest Loan (Predatory Loan) - Security Deposit - Medical Expense - Emergency Home Equipment Expense (unlivable situation - furnace, water heater, etc.) - Other Extraordinary Expenses. (loans are not made for regular living expenses) Repayment of the loan helps borrowers establish or improve their credit score/history. The MicroLoan program can serve as a good alternative to predatory lending companies that charge a very high interest rate and can trap the borrower in a cycle of debt. Financial planning training is required to help the borrower establish a budget and manage money more effectively.