YOUTH MICRO LOAN PROGRAM

The Community Futures West Interlake Inc. Youth Micro Loan Program is an initiative offering a one time business loan for students starting a new business. Students seeking employment have the option of creating their own jobs.
The program provides loans of up to $2,000.00 per business. Students in high school, community college and university can take advantage of these loans, as long as they remain actively enrolled full time students, and are at least 15 years old. The lending rate will be based on Bank prime rate. Loans that are paid out on time will receive a rebate/grant equivalent to 10% of the principal amount borrowed.
To be eligible for a loan, students must complete a micro loan application and a business plan detailing a viable business venture. Community Futures staff are available to assist students with the process.
For further information or assistance, you can:
download the program "Application and Guide For Aplicants" here
or contact the Community Futures West Interlake Inc. office at
TBJ Mall, Main Street, Ashern
Box 68, Ashern, Manitoba R0C 0E0
Phone: 1-888-496-8932 / 204-768-3351
Fax: 204-768-3489
Email: admin@westinterlake.com
Web: westinterlake.com
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