
Tierra del Sol cultivates a supportive environment for microenterprise and small business in rural economies by providing technical assistance and access to capital. Individual counseling is offered to business start-ups or expanding businesses to assist with the business concept and plan, organizational structure, financial requirements, and business goals. Borrowers are provided flexible lending terms to assure payments are affordable and can ensure successful repayment, including low interest loans, extended amortization periods and nontraditional forms of collateral.
EXAMPLES OF LOANS
• Start up Costs and working capital • Construction
• Repairs and modernization
• Machinery
• Equipment
• Refinance debt
DEVELOPMENT COSTS
Loan Amounts : $1,000 – $250,000 Competitive Interest Rates
TERMS
• Range from 1 year to 20 years
ELIGIBLE COUNTIES
ELIGIBLE COUNTIES
- Doña Ana
- Otero
- Luna
- El Paso
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