Project Prosper offers a 0% interest loan program for immigrants and refugees who need support in reaching a financial milestone, such as buying a car, paying for legal fees, or starting a small business. Each borrower is paired with a volunteer financial coach to help them navigate their finances, build long-term habits, and integrate into the U.S. financial system.
Help your clients build credit, save money, and reach financial milestones—with no interest and free coaching.
What Makes This Loan Program Unique
- $2,500 loan
- 0% Interest
- 6.299% APR (Potential 0% APR)
- No Credit Experience Needed
- Promotes savings habits through Self-Savings (10%)
- Matched Savings of an extra $250
- Credit Reporting to 3 Major Bureaus
- 1-on-1 Coaching for Every Borrower
Updates about the Loan Program
As Project Prosper’s 0% interest Loan Program continues to grow, we’re making updates to our loan advertising to ensure compliance with federal regulations. This short video explains what’s changing, why it matters, and how it affects the way we present our program—without altering the benefits our clients receive. Watch to learn more about how we’re keeping our commitment to transparency and financial education.
What Borrowers Walk Away With
- The item they used the loan for (e.g. car, residency paperwork, business equipment)
- $500 in savings ($250 they saved + $250 we matched)
- Three years of positive credit history reported to major bureaus
- A deeper understanding of how to manage their finances
- Increased confidence, independence, and trust in financial institutions
Proven Results
- 35 loans approved on 2025
- 94% repayment rate
- 61.5% had no credit history
- 61.5% had lived in the U.S. < 3 years
Clients served in Hillsborough, Pinellas, Pasco, Manatee, and Sarasota Counties
How Clients Use This Loan
- Buy a car
- Pay immigration/legal fees
- Pay off high interest debt
- Career certification or training
- Start a small business
- Not for rent, utilities, or recurring charges
- And more!
How the Program Works
- Clients apply online or in person
- We conduct an interview
- If approved, the client attends a loan presentation
- Receives check + begins coaching
- Makes monthly payments
- Graduates with improved credit + $250 self-savings + $250 match
Why Partner With Project Prosper?
- We manage everything—from application to repayment
- Your clients get trusted support outside of traditional banks
- Your org supports financial inclusion + builds long-term impact
- Easy referral process
“With Project Prosper, you don’t lose — you gain. You save, build credit, and when you stay on track, you’re rewarded. It’s truly an opportunity for growth.”
Want to Refer a Client or Learn More?
Email: loans@projectprosper.org
Calls: (727) 354-7564
Text/WhatsApp: (727) 900‑5142
Visit our Client Loan Program Page for application links and process