Program Description

Provides loans and grants to Microenterprise Development Organizations (MDOs) to:

  • Provide microloans for microenterprise startups and growth through a Rural Microloan Revolving Fund.
  • Provide training and technical assistance to microloan borrowers and micro entrepreneurs.

General Program Requirements

The following are eligible to be a Microenterprise Development Organization:

  • Nonprofits
  • Federally-recognized Tribes
  • Institutions of higher learning

The following are eligible to apply for a loan from the Microenterprise Development Organization as an ultimate recipient:

  • Businesses with 10 or fewer full time employees, and located in an eligible area

What is an eligible area?

  • Rural areas outside a city or town with a population of less than 50,000. Urbanized areas near a city of 50,000+ 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

Your Next Steps

The following information will lead you to the next steps to apply for this program.

Application Process

Applications for this program are accepted on an annual basis. A Notice of Solicitation for Applications (NOSA) is posted in the Federal Register. Program Resources are available online (includes forms needed, guidance, certifications, etc.)

Program Contact Information

Tedd Buelow
Native American Coordinator

Maria Cartagena, USDA RBS-SPD Representative

Additional Information

Catalog of Federal Domestic Assistance (CFDA) Number10.767
Can the funding from the program be renewedYes
Funding TypeMandatory
Matching Funds RequiredNo
Length of ProgramAnnual appropriations
Recurring Base Funding for TribesNo
Tribes Funded by this ProgramNative CDFIs have utilized this program.

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