Small Dollar Loan Program in Puerto Rico
Small Dollar Loan Program (21.025) awarded $5.3 million to recipients in Puerto Rico in 20 grants from fiscal 2021 to 2025, 14% of the program's national total. Cooperativa de Ahorro y Credito de Lares received the most, $567,417.
- Awarded in Puerto Rico$5.3 million
- Awards20
- Share of the program14%
- Rank among states1st of 39
- National total$39.2 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $560,000 |
| FY 2022 | 9 | $2.2 million |
| FY 2023 | No awards | |
| FY 2024 | 9 | $2.5 million |
| FY 2025 | 0 | $0 |
Recipients in Puerto Rico
| Recipient | Type | Awards | Amount |
|---|---|---|---|
| Cooperativa de Ahorro y Credito de Lares | Nonprofits | 2 | $567,417 |
| Cooperativa de Ahorro y Credito San Jose | Other | 2 | $559,405 |
| Cooperativa de Ahorro y Credito de Isabela | Other | 2 | $534,638 |
| Cooperativa de Ahorro y Credito Las Piedras | Other | 1 | $376,325 |
| Cooperativa de Ahorro y Credito Aguas Buenas | Other | 1 | $298,914 |
| Cooperativa Ahorro y Credito Florida | Other | 1 | $292,783 |
| Cooperativa de Ahorro y Credito Caguas | Nonprofits | 1 | $287,417 |
| Cooperativa de Ahorro y Credito Padre Macdonald | Nonprofits | 1 | $280,000 |
| Cooperativa de Ahorro y Credito de Barranquitas | Other | 1 | $271,988 |
| Cooperativa de Ahorro y Credito Nuestra Senora de La Candelaria | Nonprofits | 1 | $271,988 |
Open opportunities under this program
None is open or forecast on Grants.gov right now.
Questions people ask
How much Small Dollar Loan Program money goes to Puerto Rico?
$5.3 million from fiscal 2021 to 2025, across 20 awards. Puerto Rico ranks 1st of 39 states and territories for this program.
Who receives Small Dollar Loan Program money in Puerto Rico?
The largest recipient is Cooperativa de Ahorro y Credito de Lares, with $567,417 in 2 awards. Next are Cooperativa de Ahorro y Credito San Jose and Cooperativa de Ahorro y Credito de Isabela.
Can organizations in Puerto Rico apply now?
No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year.
Small Dollar Loan Program in other states
Other large programs in Puerto Rico
- Disaster Grants - Public Assistance (Presidentially Declared Disasters)
- Community Development Block Grants/State's program and Non-Entitlement Grants in Hawaii
- Grants to States for Medicaid
- Education Stabilization Fund
- Title I Grants to Local Educational Agencies
- Head Start
- Public Housing Operating Fund
- Highway Planning and Construction
- Pandemic EBT Food Benefits
- WIC Special Supplemental Nutrition Program for Women, Infants, and Children