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Start Up Fund

July 29, 2016

Start-up Fund                                                                                                                                 

By a vote of the AFP Board of Directors, a revolving fund was set up in the annual budget to provide financial assistance to new chapters. 

Loans of up to $500.00 are available on an interest free basis from AFP International Headquarters, in a chapter’s first year. Repayment is due within two years. 

To apply for a loan, the president of a new chapter must make a request in writing to the president at AFP International Headquarters.  The letter should include the following information: 

  1. amount of desired loan (up to $500.00), and 
  2. re-payment schedule desired (e.g., half repayment at the end of each year, or repayment in full at the end of two years) 

AFP International Headquarters will process the loan and a check in the name of the chapter and send it to the person making the application.

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