Support for life's essentials — because confidence starts with access.
At Ellafi, we believe financial strength comes in many forms — and sometimes, all it takes is a little help at the right time. Whether you're covering an unexpected expense, catching up between paychecks, or taking one small step toward a bigger goal, our Microloan offers fast, affordable support when you need it most.
What’s a Microloan?
A Microloan is a short-term, small-dollar loan designed to give you breathing room when you need it most. Ellafi provides some of the most accessible microloans CT residents can rely on, helping you cover essentials without delay.
We created this solution with real life in mind — so you can handle what’s urgent without sacrificing your goals.
Everyday Needs. Extraordinary Strength.
Use your Microloan for:
- Groceries, gas, or household essentials
- Medical, dental, or wellness care
- Childcare or school-related expenses
- Car repairs or transportation
- Catching up after a financial setback
Whatever your need, we’re here to support it!
Ready to Take the Next Step?
Whether it’s a short-term need or a moment of transition, our Microloan is here to support your next move — with compassion, clarity, and confidence.
To qualify for a Microloan, you must:
- Be at least 18 years old
- Have complete identity and contact information on file, including:
- Full name
- Address, city, state, and ZIP
- Email address and mobile phone number
- Social Security Number (SSN) or Individual Tax Identification Number (ITIN)
- Date of birth
- Have an active Ellafi checking account with direct deposit for at least 100 days
- Have no active microloans and no more than three (3) microloans in the past six (6) months
- Be current on all existing Ellafi loans
- Have no previous charge-offs with Ellafi
Apply for a Microloan Now
Quick application. Instant Funding.
The Ellafi Promise
We’re more than a credit union — we’re a financial movement built to empower women and those who support them. With tools that meet you where you are and lift you toward where you want to be, our Microloan is just one of the many ways we help our members move forward — with clarity, compassion, and confidence.
Disclosure:
Microloan eligibility is limited to members who meet specific requirements. Applicants must be at least 18 years old, have an Ellafi checking account with direct deposit for a minimum of 100 days, and be current on all loans with Ellafi Federal Credit Union. Members may not have an active microloan and must have had no more than three (3) microloans in the past six (6) months. Prior charge-offs or delinquent accounts may affect eligibility. Loan amounts range from $50 to $400 with repayment terms of 1 to 4 months. Additional terms and conditions may apply. Subject to change without notice.