Blog

As a registered charity offering low-interest microloans to help skilled immigrants and refugees achieve career success in Canada, Windmill Microlending is not your traditional lender. The organization’s support to newcomers goes beyond offering loans. Windmill provides additional benefits to clients. Financial literacy is one of them.

Galen MacGlusky and Glenna Harris of Prosper Canada write in Tamarak Institutes' June, 2020 blog about Prosper Canada's network of 14 Financial Empowerment champion (FEC) - organizations that aim to expand proven financial empowerment interventions in communities across the country, and how these organizations see the way through to supporting Canadians weather the current financial crisis.

Originally published by Tamarack

Many opportunities exist to support newcomers to Canada become a part of a welcoming community. Newcomers can access help in looking for employment, help with navigating the school system, and support for youth to develop the skills necessary for bright and successful futures. Often non-profits, and many settlement and community programs are available to aid refugees and newcomers establish themselves as Canadians. Still, newcomers to Canada often face many challenges in navigating their way through a new environment, particularly when it comes to relating to a unique and new financial landscape.