The Office of Refugee Resettlement (ORR) within the Administration for Children and Families (ACF) announces funding for the Refugee Microenterprise Development Program (MED).
The overall goal of the Refugee MED Program is to assist refugees to become economically self-sufficient by, 1) assisting
credit:
refugees to establish microenterprise businesses through the provision of MED grants and loans, training and technical assistance (T/TA), and 2) assisting refugees in building credit history and/or repairing their credit score.
Allowable activities under the Refugee MED Program include providing technical assistance on grants and loans, maintaining a revolving loan fund, provision of credit builder loans, and administrative costs associated with managing the MED Program.