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Glenn Falls Students display the Rosi Jory card they sent to Afghanistan The Loan Fund teamed-up with three local schools to send greeting cards to Canadian soldiers and school children in Afghanistan. The cards used were by Rosi Jory, Paul Blaney and Bobbi Mackinnon. All were non-denominational. The gesture was to celebrate peace and goodwill.

 

Have you ever wanted a small loan to go after an opportunity for work or business but could not get it through conventional sources?

A small loan allowed me to add some training and improve my income. Shirley McGuire, Home Care

 

Have you ever wanted to invest in your own community but could not find such an investment vehicle?

It’s about entrepreneurship, helping people be creative and take risks. To me investing in the Loan Fund makes complete sense for our community. Gerry Pond, Chairman, Mariner Partners Inc.

The Saint John Community Loan Fund (Loan Fund) has been taking investments to build its capital since 1999. It uses this invested capital to help individuals create income, build assets, and attain greater self-reliance by providing:

•   business loans

•   employment loans

•   affordable housing loans

•   non-profit loans
•   financial literacy training

•   community leadership training

•   enterprise development

•   youth entrepreneurship

•   matched savings program

 

The Loan Fund promotes community investing. It recruits investments to build its loan pool and donations to safe-guard the loan pool against losses. It has never lost an investor's money.

Since starting in 1999, the Loan Fund has used these investments to make close to 177 loans for a total value greater than $214,000. The impact has included individuals ending reliance on Provincial Income Assistance, families becoming self-reliant, plus $ millions in new income circulated here. This has saved the provincial government approximately $500,000 in social assistance payments.

We believe strongly in investing locally. We also believe everyone has a right to earn an adequate income for themselves and their families.

Join us in making a difference in Saint John.

Want to get involved? Call! 506.652.loan (5626)

Saint John Community Loan Fund
133 Prince Edward St., Saint John, NB E2L 3S3
Email: loanfund@nbnet.nb.ca
Fax: 506.652.5603
* Charitable# 85491 3241 RR0001

 

Welcome | Investing | Loans | Training | Greeting Cards  | Auction | About Us

 Copyright © 2009  Saint John Community Loan Fund

Upcoming Training

Power Up - January 2010

A 10-week course in community leadership

To inquire training@loanfund.ca

Enterprising Women - January 2010

A 20-week course for women to learn about business and launch it!

To inquire enterprise@loanfund.ca

Share your Success

Are you already an Enterprising Woman? Interested in sharing your ideas for success?  Contact Melanie at enterprise@loanfund.ca

You can also donate directly through CanadaHelps.org, just click on the image below

We've moved in! Click image to follow our renovation project

Our Building Sponsors

TD Insurance Employees; Harris Rebar; Gardner Electric Ltd.; International Brotherhood of Electrical Workers Local 502; Ultimate Windows, Doors and More; Greater Saint John Community Foundation; Province of New Brunswick; Benjamin Moore and Community Foundations of Canada

Sponsors enable our project to take shape and remain affordable. All sponsors will be named at the Grand Opening in April  and in any and all press releases. We will commemorate all sponsors on a permanent plaque in the office of the Saint John Community Loan Fund.

2009 Greeting Cards Are Here! Buy cards, join the auction.

Reading Room

Our 2009 Annual Report

We are part of the $1.4 billion in Assets reported in  Building Local Assets: Community Investment in Canada, May 2009

Other Loan Fund Annual Reports

2008 Annual Report

2007 Annual Report

2006 Annual Report  

Other articles about Community Investing

Canadian Community Investment Network

socialfinance.ca

Creating Capital Pools to Support Social Enterprise Development 2008

Financial Assistance for Immigrant Training (FAIT) 2008