There are several resources available where single mothers can get small loans. Here are a few options:
- Government Assistance Programs: Check with your local government agencies or social service organizations that provide financial assistance or grants for single mothers.
- Nonprofit Organizations: There are various nonprofit organizations that offer financial assistance, grants, or low-interest loans specifically targeted at single mothers. Some examples include Mercy Housing, The Women's Opportunity Awards, or the Assistance League.
- Local Credit Unions: Credit unions often offer loans with lower interest rates to their members, including single mothers. Contact your local credit union to inquire about their loan options.
- Microfinance Institutions: These organizations are specifically designed to provide small loans to individuals who may not qualify for traditional loans. Some microfinance institutions focus on lending to women, including single mothers.
- Community Action Agencies: Community action agencies offer a range of services including financial assistance programs or loans for single mothers. Contact your local community action agency to learn about the available options.
Remember to research and compare various financial institutions, programs, and eligibility criteria to find the best loan option suitable for your specific needs and circumstances.