Making a loan through Community Micro Lending gives you the opportunity to invest in your community. With Community Micro Lending’s online peer-to-peer model you can find a local person whose story inspires you. Empower them to get their business off the ground or return to school to pursue a more rewarding career path. By contributing as little as $250 to their loan, you’re helping a local person create a more sustainable livelihood.
These borrowers have all been fully funded by local lenders. They are working hard on their business or studying so they can build a better future for themselves.
We are happy to report a 95% repayment success rate!
Since the first loan in 2010, Community Micro Lending has empowered many people from a variety of backgrounds. Here's a snapshot of our clients:
- 24% immigrant
- 16% First Nations
- 62% Women
- 35% have dependents