Interest-free loans are provided for low-income earners who need emergency expenses due to illness, disaster, or other special reasons. In principle, a joint guarantor or one guarantor is required.

Please be sure to call the Welfare Fund Section (telephone 03-3579-2353) to make a reservation before coming to the agency.

Eligible person

Those who meet all of the following requirements

• Those who need emergency expenses (excluding those receiving public assistance, etc.) and find it difficult to borrow from others (Note 1)
• Redemption is certain (e.g., payment status of special ward tax, metropolitan tax and national health insurance premiums is good, there is no delinquency in other welfare funds that Itabashi Ward lends, etc.)
• Head of household
• In principle, have an address in the ward
• I have not received this loan
• not (jointly and severally) guarantor of this fund
• Income is below the standard amount (Note 2)
• Not a gang member or related person
  
  (Note 1) Lending is not available to those who are eligible to borrow the Social Welfare Council's livelihood welfare funds.
  (Note 2) If the loan category is “funeral expenses, etc.”, the amount is 4.5 times the amount of the standard living expenses under the Public Assistance Law.

Loan classification/loanable expenses/loan limit

See table below

Loan classification, loanable expenses, loan limit, etc.

Division	Eligible expenses	Loan limit	guarantor
funeral expenses, etc.	funeral expenses disaster recovery costs Medical bills	Within 350,000 yen	1 joint guarantor
childbirth expenses, etc.	childbirth expenses Expenses required for renting a house such as key money	Within 250,000 yen	1 joint guarantor
General	Expenses required for daily life	Within 130,000 yen	1 guarantor

Both are interest free. penalty year 10.95%

examination

We will review the lending. Depending on the situation of the debt, etc., it may not be possible to lend.

Repayment method

• Funeral expenses, childbirth expenses, etc.
  The deferment period is 6 months from the month following the month in which the loan was received. Equal monthly repayments up to 30 times
• General
  Equal monthly repayments within 20 installments from the month following the month in which the loan was received

If you have difficulty repaying your loan due to the outbreak of the new coronavirus infection, please check the details from the link below.

• For those who have difficulty repaying welfare fund loans due to the outbreak of the new coronavirus infection (repayment postponement)

penalty

If repayment is not made by the designated date, a penalty of 10.95% per annum will be incurred on the principal.

Guarantor

A joint guarantor or guarantor must meet all of the following requirements:

• As a general rule, you have lived in the ward for more than 3 months.
• A person who has a certain occupation, earns an income equal to or higher than that of the borrower, and is an adult who is independently living.
• I have not received this loan

About application

The person who wishes to borrow must come. (Please call before coming to the office.)
It takes about 5 days (excluding Saturdays, Sundays, and holidays) for the loan, and multiple visits to the agency are required due to requirements screening, cash preparation, etc.

Loan system for groups other than the ward

Tokyo Council of Social Welfare

There are various loan systems. For details, please contact the Itabashi Ward Council of Social Welfare (03-3964-0556) or visit the website (link at the bottom of this page). However, households who are permanently in need of general living due to having no or low income are not eligible.

"Sawayaka" Tokyo Metropolitan Government Small and Medium Business Employee Living Fund Loan Program

The Tokyo Metropolitan Government provides low-interest loans for living expenses to employees of small and medium-sized enterprises who work or live in Tokyo. For more information, please contact your local Chuo Labor Bank (Itabashi branch phone number 03-3962-3311) or visit the website (link at the bottom of this page).