menominee indian tribe of wisconsin loan fund department
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Loan Fund Tribal Office Building P.O. Box 910 Keshena, WI 54135 Phone: (715) 799-5140 Fax: (715) 799-1301 Director: Thomas Litzow |
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Mission Statement To effectively and prudently manage the four loan programs of the Menominee Tribe. (1) The Menominee Loan Fund which provides a means for eligible applicants to obtain financing for personal items and purposes. (2) The Revolving Loan Fund which provides a means for eligible applicants to obtain financing for business purposes. (3) The HUD/CDBG Revolving Loan Fund which provides a means for eligible applicants to obtain financing for repairs and renovations to their place of residence. (4) The Housing Down payment Loan Fund which provides a means for eligible applicants to obtain financing for the down payment required with the purchase of a single family residence. |
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Department Overview The Menominee Loan Department is responsible for loaning money to eligible enrolled Menominee’s. To be eligible for a loan you must be 18 years or older, an enrolled Menominee and must be in good standing with the Menominee Loan Department. If you fit the criteria, to establish credit with us your first loan you will be eligible for is $200.00 or less. If you have already established credit with us you may be eligible for a $300.00 loan. All loans for $300.00 or less, applications must be submitted to our office by 4:30 on Thursdays. All small loans will then be processed on Fridays. If you have already established credit with the Menominee Loan Department for at least 6 months after your first initial loan you may apply to our Loan Fund Committee which meets once a month. To be eligible for anything over $300.00 and not exceeding $1,000.00 you would need to have that application in by the first Monday of the month with the meeting on the following Monday. You as the borrower would need to call us Tuesday following the meeting to set up an appointment to pick up your loan. And if you haven’t been working for 6 months regular full time for one of the following: Menominee Indian Tribe of Wisconsin, Menominee Casino Bingo Hotel, Menominee Tribal Enterprise, Menominee School District, Menominee County, or College of Menominee Nation you will need a co-signer. And they would need to be working at one of the before mentioned and must be in good standing with all of our programs. |
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Last Updated: Fri March 23, 2007