NEW MEXICO ECONOMIC
DEVELOPMENT DEPARTMENT

Nusenda COOP Capital

This micro-loan program does not rely on the traditional “5 Cs of Credit” (character, capacity, capital, collateral, conditions), but on trusted relationships between partner organizations and the communities they serve. Credit reports from potential borrowers are not required; instead, the relationship between the partner organization and the borrower drives the loan approval process. Partner organizations work with Nusenda to provide comprehensive support and communication with borrowers to ensure repayment.