Credit and Loans Program

There are several loan programs available through the Choctaw Nation.

The Choctaw Nation Credit and Loan Department, better known as the Southeastern Oklahoma Indian Credit Association's main priority is to make loans to Indians who cannot borrow from other lending institutions.

This Program provides for three types of loans which are:

1. Small Business loans
2. Agricultural loans
3. Housing loans
   1. Home Purchases
   2. Home Improvements

Micro-loans are available to all Indians for emergency home improvements and small businesses. These loans are available up to $l,000 and are to be repaid within 12 months.

To be eligible you must possess a CDIB card, and you must reside within the l0-l/2 county area of the Choctaw Nation