How it Works

smiling prospective Ossining Microfund borrower Prospective borrowers fill out a simple form at one of the offices of participating neighborhood agencies such as:

Members of the committee operating the fund review applications each month.

Possible uses:

Loans from this fund may be used for one –time obstacles such as security deposits on a home or car, medical or dental expenses, fees to take the U.S. citizenship exam, legal help (to obtain a work permit or bring about family reunification), job related one-time expenses, or other one-time hurdles that impede the recipient’s ability to continue his/her life in a productive, upwardly mobile, or even sustainable manner.

Note: Loans are NOT available for ordinary business, educational or living expenses.