Financial Revival Loan | One Economy Financial Development Corp

1111 9th Street, Suite 285, Des Moines, IA 50314

Eligibility

Open to underserved individuals in the Polk County area

Required documents

Upon request

Application process

Fill out the form on the website

Fees

Loan is paid back through payroll deductions

Service area

Polk County, IA

Description

Provides personal loans to underserved individuals. The loans are aimed to give financial education and debt reduction while also increasing financial mobility through savings and wealth attainment. The aim of the program is to combat payday loans and predatory lenders.

Loan terms are 6-8 months, with a maximum loan amount of $525, with a 10% APR.

Providing organization

One Economy Financial Development Corp

Provides financial training, coaching, and loans to underserved individuals and small business owners.