Saint John Community Loan Fund

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

	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 © 2010 Saint John Community Loan Fund	Upcoming Annual General Meeting 12:00-1:00, Tuesday, July 27, 2010 at the Saint John Arts Centre YES! - All Summer Youth plus Entrepreneurship equals Success! Again, this summer we will be introducing entrepreneurship to 12-17 year olds through hands on learning. To inquire contact Adam at youth@loanfund.ca or Alexandra at training@loanfund.ca Power Up - September 2010 A 10-week course in community leadership To inquire contact Vicki at powerup@loanfund.ca Enterprising Women - September 2010 A 20-week course for women to learn about business and launch it! To inquire contact Melanie at 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 $Donate Now Through CanadaHelps.org!\$ 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.
News and Reading Room
YES! program has started with youth from the Boys & Girls Club and the YM-YWCA. Graduating Classes A group of Enterprising Women finish class and begin to launch businesses. A$$ets participants use their matched savings to move towards goals .............. ILoan Fund GM contributes to national discussion on social innovation and finance; check it out at ............ Loan Fund Annual Reports 2009 Annual Report 2008 Annual Report 2007 Annual Report 2006 Annual Report Other articles about Community Investing Building Local Assets: Community Investment in Canada, May 2009 Canadian Community Investment Network socialfinance.ca Creating Capital Pools to Support Social Enterprise Development 2008 Financial Assistance for Immigrant Training (FAIT) 2008