How is my loan amount determined?
More than one Zomia team member will look closely at the budget you’ve completed in your loan application. They will review your expenses and income in detail and follow up with questions to better understand your financial situation. They then propose a loan amount that takes into account your need while also trying to keep your debt as low as possible. If approved, we will send you a formal loan offer to review and accept. We provide loan funding one year at a time and reassess your need each year.