Did you know that most credit unions make loans as small as $300? And that the repayment schedule on these loans typically ranges from six to twelve months, depending on the borrower’s ability to repay?
Montana Credit Unions for Community Development is launching a statewide campaign to increase awareness of these small loans.Public service announcements will air on radio and television in September and October. Credit unions and community organizations will also distribute materials.The public awareness campaign is funded by a grant from the National Credit Union Foundation.
The small loans are offered by credit unions in communities throughout the state (you may find a local credit union by clicking here). Perhaps you serve someone who may benefit from one of these loans, or know of another organization which may be interested in joining the public awareness effort. You may also be asked questions from someone who has learned about the loans from the public awareness effort. Information, including talking points and materials for distribution may be found on the campaign’s web page.
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