Offering No-Interest Loans to Individuals & Families in Need | A Project to Serve the Ossining Community


  • Determine eligibility

  • Complete application

  • Assignment of Micro Fund mentor

  • Screening Committee for approval

  • Begin loan repayment

Loans are available for one time expenses such as:

  • security deposits

  • medical or dental expenses

  • licensing and/or test fees

  • legal fees

  • job related expenses

  • one time tuition assistance

  • small business emergencies

Note: Loans are NOT available for ongoing business, educational or living expenses, except in cases where a one time opportunity or obstacle exists.

Ask us! Let us get to know you and your situation to see if we can help.

Complete an Application

Fill out the following one-page application. All applications must be accompanied by proof of income (paystubs) and any other documentation that supports your need for a loan. For instance, this might include invoice for unexpected dental work, car repairs, etc. You can submit these documents to us by mail (PO Box 4010, Ossining, NY 10562) or by email ([email protected]).

The Ossining Micro Fund, Inc. does not share information provided to it with anyone outside of our organization. Any information provided to us is stored using a secure, industry-standard, data management system.

Following submission of your application you will be contacted by a member of our screening committee who will mentor you through the process of applying for, receiving and paying back your loan. During this meeting, we will assist you in completing a monthly budget worksheet.

Screening Commitee

When all documents have been received and after meeting with an OMF mentor your loan will be submitted to the Screening Committee for approval.  It can take up to two weeks to get a decision although it is usually faster. 

Loan Repayment

If your loan is approved, you will be asked to meet again with your mentor to receive your check, sign final documents and make arrangements to repay your INTEREST FREE Loan. A monthly repayment schedule will be included in the agreement. Loans must be repaid within 24 months.


  • If you encounter unexpected problems with repayment, contact your mentor and a revised payment agreement may be arranged.
  • When repayments are complete, you may request a letter that can be used to help establish your credit.

The Ossining Microfund

If you have any questions on how to apply for a loan please contact us at

[email protected] or call us at (914) 236-0560

Keep Up!

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Get In Touch!

(914) 236-0560

Ossining Microfund
P.O. Box 4010
Ossining, NY 10562

Mission Statement

The Ossining Micro Fund improves lives and reduces financial stress by providing interest-free loans and education to increase financial literacy and economic well-being within our diverse community.

© 2024, The Ossining Micro Fund. All Rights Reserved.

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