PEOPLE TRUST LOAN FUND
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Small Dollar Loan Program

APPLY NOW
​ A Lack of access to mainstream financial services constrains the ability to build wealth and generally live a financially secure life, according to an extensive body of research. Banking relationships are a means to establish savings, along with a payment and credit record. Savings and a solid credit score are “remarkably consequential in this economy,” according to Eric Belsky, director of consumer and community affairs at the Federal Reserve Board of Governors. Some 12 million Americans a year take out payday loans, spending a combined $9 billion on loan fees, according to the Pew Charitable Trusts. The average annual interest rate on such loans is 391 percent.....

CDFIs operate differently from most banks. Because they focus on a generally lower-income consumer base, community organizations, and small businesses that might struggle to secure more traditional financing, they produce different results from conventional banks.  The financial crisis eroded public trust in financial institutions and trust is a must if we are ever to have a equitable and inclusive economy.  The name says it all, PEOPLE TRUST.  Relationships are built on TRUST, and TRUST is a person or thing in which confidence is placed. Trusted financial institutions located within  low and moderate income communities are essential to the economic mobility and sustainability these communities need  to create jobs and a have a chance to better their lives and futures where they live. One of the ways People Trust fulfills its mission of providing access to capital is through our Small dollar loan Program or Consumer Loans to individuals.   

Small Dollar Loan Program
Our small dollar loan program is a loan program wherein People Trust offers loans to consumers that:
  • Are made in amounts not exceeding $2,500;
  • must be repaid in installments;
  • have no pre-payment penalty;
  • have payments reported to at least one of the three nationwide consumer reporting agencies (Equifax, Transunion, Experian)
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​Small-dollar loans are critical to meet a variety of consumer needs, such as to pay emergency expenses, to manage misalignments in the timing of their expenses and income, to cover a transition period between jobs or, for seasonal workers, to cover disruptions in pay, basically bridge the financial gaps low income households often experience.  
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Contact Us
 If you have any further questions or would like more info, please contact us via telephone at (501) 404-4857 or via email at peopletrust@providingequalopportunities.org. To apply to our Small Dollar Loan Program please visit our application page and fill out our online form. You can also use our online contact form.
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Headquarters: 5300 West 65th Street, Little Rock, Arkansas 72209, United States
Service Location: 4103 E. Broadway, North Little Rock, AR 72117, United States
Phone: 501-404-4857 
Fax: 501-476-3910 
Email: peopletrust@providingequalopportunities.org 
Monday - Friday, 9:00am - 4:00pm
People Trust is an Equal Opportunity Lender. We do not discriminate on the basis of race, color, religion, sex, marital status, disability, age, or national origin. ​​
© 2021 People Trust. All rights reserved.
  • Home
    • About Us >
      • Staff & Board
      • What is a CDFI
      • Stories
      • Videos
  • Products
    • CONSUMER LOANS
    • Small Business Loans
    • Services
  • COVID-19 Resources
  • Contact Us
  • PAYMENTS
  • News & Events