Santa Fe Farmers' Market Institute Micro-Loans

Farmers often have limited resources or lack access to capital, which can impact the sustainability of their business or their capacity to grow. Our Microloan Program awards low-interest flexible loans, which fund projects that have a significant, positive impact on many of our vendors' businesses, as well as the quality and quantity of the products brought to the Market. The Microloan Program helps vendors defray seasonal operating expenses, improve infrastructure, extend the growing season, and much more. Access to capital ensures that farmers and ranchers can provide a constant and growing food supply to Santa Fe and the region.

Any current vendor at the Santa Fe Farmers' Market may apply for a microloan. All Market vendors have equal access to the Microloan Program regardless of gender, age (applicants must be 18 or older), ethnicity, or citizenship status. The program is offered in partnership with Guadalupe Credit Union, which provides financial coaching and application assistance in both English and Spanish.

The maximum loan amount has grown over the life of the program, from $3,500 to a current maximum of $20,000. Loans are provided in partnership with Guadalupe Credit Union. Since the program began in 2008, 379 loans have been granted to 105 borrowers for a total disbursement of $871,760. Specific current interest rate and repayment terms are set by Guadalupe Credit Union in partnership with the Institute; contact the Institute for current terms.

Apply for a Microloan directly online at https://farmersmarketinstitute.org/farmer-programs/microloans/microloan-application/, or contact the Santa Fe Farmers' Market Institute at 505-983-7726 for more information.