Microloan Programs
powered by LoanWell

Whether you're interested in economic development (small business loans), community development (non-profit loans), or education (student loans), you can run your own microloan program, while LoanWell manages all the back office details!

Want to learn more? Chat with us about the program in detail.

How It Works


1. Partnership Development

Identify the 2 Program Partners (Service Partner & Capital Partner)


The Service Partner's job is to run the marketing for the microloan program and generate application submissions. Typically the Service Partner's core services are in alignment with the financial access offered to the applicants. This could be a non-profit, school, organization, municipality, etc.

The Capital Partner's job is to raise the capital to fund the microloan program. Typically the Capital Partner's core services or development efforts are in alignment with the financial access offered to the applicants. This could be a local bank, organization, church, government, philanthropists, etc.

These two organizations collaborate on program goals and the LoanWell team sets up reporting and periodic questionnaires to measure impact. One organization could fill both service and capital partner roles if desired.


2. Program Launch

Galvanize Interest from the Community


The Service Partner markets to local community with microloan opportunity. We collect application submissions based on your custom application questions. The program partners choose recipients of the microloan.


3. Program Management

LoanWell manages the microloan back office tasks


Recipients sign your custom loan agreement electronically on our site. A repayment schedule is generated for all parties and the recipient links their bank account. Once that is completed, the loan principal is disbursed to the recipient's bank account.

Monthly auto-drafted payments are scheduled for repayment from recipient's bank account to the loan disbursement bank account. We take care of the repayment, so the partners can focus on program goals and results.

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Want to learn more? Chat with us about the program in detail.