CAA Microloan Program

Empowering Local Agriculture Through Financial Support

A variety of brown eggs in a plastic crate, some with speckles, illuminated by soft sunlight.
Logo for the "community agriculture program microloan" featuring green stylized crop graphics and text in green and blue.

About the Microloan Program

Since its launch in fall 2019, the CAA Microloan Fund has been dedicated to providing direct economic support to local agriculture producers in NW Colorado. This innovative program offers low-interest microloans aimed at business expansion and specific agricultural projects. Funded entirely by private donations to ensure no operational funds are diverted from other CAA activities, the program has a track record of success, with 100% of loans being repaid on time and in full.

 

How the Program Works

Sustainable Support for Local Producers

Initial Funding

Started with a generous $10,000 donation, our revolving loan fund continues to grow with contributions from supporters who wish to have a direct impact on local agriculture.

Loan Details

Loans are offered at a low interest rate of 2.9%, ranging from small amounts up to $10,000, with terms varying from 3 months to 2 years.

Application Review

A committee of CAA Board members reviews applications, focusing on short-term, microloans for specific needs rather than general operating expenses, land purchases, or leases.

Two people with dirty hands holding a bunch of freshly pulled carrots with green tops against a clear blue sky.

Eligibility Criteria

Who Can Apply?

  • Current Operations: Applicants must be currently operating in the agricultural sector, with a particular interest in food production.
  • Age Requirement: Applicants must be at least 18 years old or have an adult co-signer.
  • Membership & Policy Adherence: Must be a current CAA member and adhere to the CAA Anti-Discrimination Policy.

Project Ideas for Funding

Examples of What Your Loan Could Achieve

  • Solar pumps for livestock watering
  • Seed cover crops for rangeland or erosion control
  • Planting trees for water, wind control, or animal habitat
  • Upgrades to existing water control structures
  • Fencing or electric fences for cross-fencing
  • New spray nozzles or booms for precise application and reduced drift
A large greenhouse surrounded by lush greenery and clusters of colorful flowers, located at the base of a grassy hill.