Local Organization Offers Support for Residents through Interest-Free Loans, Available Now
Updated: Jun 29, 2022
With the anticipated ending of eviction moratoriums happening soon, many in our community are struggling with additional financial burdens.The CDC has extended the moratorium, but this is under attack in the courts right now. If you or someone you know is experiencing difficulties, please contact the Branford Microfund, which offers short term, interest-free loans for Branford residents in need.
The Branford Microfund is a local non-profit organization run by Branford volunteers and community leaders to help our neighbors during difficult times. We provide interest free loans of up to $3,000 for repayment over a maximum of 30 months.
Our website, www.branfordmicrofund.org, is a great resource. See HOW TO APPLY to fill out a loan application online or print out and submit one by snail mail. We promise a 3-day turn around to determine if you are eligible for the program.
Branford Microfund represents residents giving each other a helping hand. Our partners include Branford Counseling and Community Services, Women & Family Life Center, Willoughby Wallace Library, Blackstone Library, Branford Food Pantry, Branford Dining Room, and the First Congregational Church of Branford. We work together with the philosophy to “pay it forward” – when a loan recipient repays a loan, the money becomes available to help another person in need.
As one local resident explained, “This financial help will relieve the stress on our living accommodations. We had nowhere to turn as our checking account was overdrawn by a fraudster and wiped out all social security living funds for the month. We would like to help in any way we can to support the Microfund once we our back on our feet.”
Above: BMF volunteer Bob Imperato from Loan Committee consulting with applicant.