The loan comes with a 3% interest rate and can be used towards a variety of start-up costs including prototyping, skill development, equipment, lease deposits, and more. For many it is the first step to building readiness for future loans and investment. This fund provides 0% interest to Lenders. Lenders to the fund are eligible to receive repayment proportionate to their contribution and the percentage of funds repaid at the time of withdrawal. Minimum loan is $250. You can contribute less as a donation which will be relent to future Project Zero Circular Loan Fund borrowers.
Circular Economy Loan Fund
The Circular Economy Loan Fund is a partnership between Synergy Foundation and Community Micro Lending to provide access to seed lending to their Project Zero Incubator entrepreneurs. The Fund provides entrepreneurs with access to capital in the early stages of their business when they may struggle to receive early funding elsewhere.
- Total Lenders0