Eco-Micro

Our Eco-Micro loan is dedicated to supporting environmentally sustainable and socially responsible initiatives. Whether you’re involved in eco-friendly business, renewable energy, or sustainable agriculture, our loan is designed to empower you in making a positive impact.

  • Loan Purposes:
    1. Eco-friendly businesses
    2. Renewable energy projects
    3. Sustainable agriculture
    4. Recycling initiatives
    5. Green technology development
    6. Environmental conservation efforts
    7. Socially responsible community projects
  • Loan Size: Up to $50,000
  • Loan Term: Up to 5 years
  • Interest Rate: 12%
Category:

Supporting Documents for Loan Application

To facilitate a smooth application process, we require the following documents:

  1. Project Proposal: Provide a detailed project proposal outlining the purpose, goals, and expected outcomes of your eco-micro initiative.
  2. Business Plan: Submit a comprehensive business plan that includes details about your eco-friendly business or project, including the market analysis, operations plan, and financial projections.
  3. Environmental Impact Assessment: If applicable, provide an assessment of the environmental impact of your project and the steps taken to minimize any negative effects.
  4. Cost Estimates: Present detailed cost estimates for the proposed initiative to help us understand the financial requirements.
  5. Community Engagement Plan: Outline your plans for community engagement and involvement, showcasing how your project will positively impact the local community.
  6. Documentation of Eco-Friendly Practices: Provide documentation demonstrating your commitment to environmentally sustainable practices.
  7. Relevant Certifications: If your project or business has obtained any relevant eco-certifications, provide copies for verification.

How to Apply:

Applying for our Eco-Micro loan is simple! Visit one of our branches to pick up an application form. Our friendly staff is ready to assist you through the application process and answer any questions you may have.

At Toledo Teachers Credit Union, we are committed to fostering environmentally sustainable and socially responsible initiatives. Take the next step toward making a positive impact with our Eco-Micro loan product.

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