Nusenda Credit Union is expanding its microloan program, which offers small loans to entrepreneurs who may not qualify for traditional financing.

Encuentro, an Albuquerque-based adult education program for Latino immigrant families, and 100% Otero, a southern New Mexico nonprofit working to end child poverty, will work with Nusenda to distribute loans of up to $50,000 to business owners that may be considered “not creditworthy” or “unbankable,” said Sara Keller, chief community engagement officer at Nusenda.

Send us your news Tell us about your business. CLICK HERE Send us your announcements, press releases, photos and more.

Albuquerque Journal business outlook reporters and editors want your story suggestions. Send your suggestions here to the business desk

Sign up now for free d

See Full Page