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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. Well here is your chance. 

It’s about entrepreneurship, helping people be creative and take risks. To me investing in the Loan Fund makes complete sense forour 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

 

 

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 Copyright © 2010 Saint John Community Loan Fund


 

 

Upcoming Training



Money Matter$- On going

Money Matter$ is a training course to help you understand the financial world around you. The course includes five 2 1/2 hour classes that cover - Assets, Budgeting, Banking, Consumerism and Credit. To inquire email Judi at training@loanfund.ca

 

A$$ETS- January, 2012

Learn about your assets and begin saving your money with our help. To inquire email Judi at training@loanfund.ca

 

Power Up - January, 2012 *Poster*

A 10-week course in community leadership

To inquire contact Vicki at powerup@loanfund.ca

 

Enterprising Women - February, 2012

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

To inquire contact Melanie at enterprise@loanfund.ca


YES! Youth Entrepreneurship = Success

 

Are you between the ages of 12-17? Are you interested in learning about and starting your own summer business in 2012? MAKING some CASH! Well you'll do that as well as learn about how to do basic research and how to make a difference in your community. What a great way to build something for your future.

 

For more information please contact Judi 652-5601 or email us at training@loanfund.ca

 

 

Share your Success

 

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

 


Building assets

In 2009 we moved into a building we purchased and renovated. To see the whole story click on the image.

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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

 

 

 

 


*Latest News*


Loan Fund investor Gerry Pond wins Angel at 2011 Canadian Start-up Awards. Congrats and well done to Gerry!



Greeting and note cards almost gone!


Cards on sale at these retailers:

Beckwith & Co - City Market
Handworks Gallery - King St
Pictures Plus - King St
Fishy Chores - Prince William St
Klausen Framing - Prince William St
NB Museum - Market Square
Scrap your World - Catherwood St
Paul's Flower Shop Rothesay Rd

We have a limited supply at our office, call 652-5626.


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Thank you to the all of our funders and partners in 2011 for making our work possible.


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

Donate Now Through CanadaHelps.org!\




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YES! Participants from Boys and Girls Club pay back their loan for their cookie business they ran in the summer.

 

 

 

 

 

 

 

 

 

 

Graduating Classes

 

A group of Enterprising Women finish class and begin to launch businesses.

 

 

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Loan Fund Annual Reports

2011 Annual Report

2010 Annual Report

2009 Annual Report

2008 Annual Report

2007 Annual Report

2006 Annual Report