A Marketing Loan allows current members to purchase energy efficient appliances which are not allowed under the Energy Resource Conservation Loan Program.
- Mor-Gran-Sou will loan 80% of the cost of an electric appliance up to $2,000 maximum. The minimum loan amount is $240. Interest rate is currently at 8%. Loan duration is from 12 to 36 months. Payments are made with monthly electric billing statement.
Uses: Electric clothes washers/dryers, stoves/ranges, air conditioners or other such electric appliances.