Loan Candidate Requirements
HOPE Loan Candidate Checklist:
- Candidate has actively participated in the Pre-Qualification Sessions (Four sessions for Growing, Eight sessions for Starting)
- Candidate has completed her homework assignments.
- Candidate was faithful and punctual in meeting attendance.
- Candidate earned the respect of others and encouraged those around her.
- Growing Only: Candidate deposited her Start-Up Savings.
- Candidate understands and agrees to repay her loan amount plus the 10% loan fee.
- Candidate understands that she, along with the others in her Group, assumes responsibility for the repayment of ALL the loans within the group, should this be necessary.
- Candidate has minimal personal debt.
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