Windmill Microlending
Microloans of up to $15,000 for internationally trained immigrants and refugees — covering licensing, training, exams, and the costs that come with them.
Key Points About Windmill Microlending:
- Purpose: The primary objective is to reduce barriers for skilled immigrants and refugees trying to get their foreign credentials recognized in Canada or who need to retrain to align their skills with the Canadian job market.
- Loan Amount: As of my last update, Windmill offered microloans of up to $15,000. The exact amount might vary, so it’s always a good idea to refer to the official website or contact them directly for the most current information.
- Eligibility: Loans are available to immigrants and refugees living in Canada with a background in regulated and non-regulated occupations and trades.
- Usage: The funds can be used for various purposes, including but not limited to:
- Examination fees
- Qualification assessments
- Professional association fees
- Tuition for short-term training
- Books and course materials
- Living allowances during study times
- Repayment: The terms of repayment will vary based on the individual’s circumstances and the loan agreement. The interest rates are typically low, making it more accessible for immigrants and refugees.
- Benefits: Beyond the financial support, accessing such a loan can also help newcomers build credit in Canada, which is essential for future financial undertakings like securing mortgages, car loans, etc.
- Locations: Windmill Microlending operates in various provinces across Canada.
- Funding: While it is a loan and is expected to be repaid, Windmill Microlending is a non-profit, and its programs are often supported by the Canadian government, philanthropic entities, and other organizations.
You’re one click away from the application — just click the button below.
Start My Application →Achēv – Accelerating Career Advancement (ACA)
Funded by the Government of Canada
Micro-loans of up to $30,000 with 1–5 year repayment — plus free accreditation support and career counselling for internationally trained individuals in Ontario.
Key Points About the ACA Program:
- Purpose: To remove the financial barriers that keep internationally trained individuals from getting their credentials recognized, obtaining Canadian licensing, or completing the training they need to work in their field.
- Loan Amount: Up to $30,000 in micro-loans. The exact amount you qualify for depends on your program and personal circumstances.
- Interest & Repayment: Competitive, accessible interest rates with flexible repayment terms of 1 to 5 years, so you can choose a plan that fits your budget.
- Eligibility: You may qualify if you:
- Live in Ontario
- Are a Canadian Citizen, Permanent Resident, or Convention Refugee
- Are an internationally trained individual
- Can show proof of employment or household income, or provide a qualified cosigner/guarantor
- Usage: The funds can be used for various purposes, including but not limited to:
- Tuition for training and bridging programs
- Accreditation and credential evaluation costs
- Licensing and certification fees
- Examination fees
- Books and course materials
- Professional association memberships
- Living expenses and other qualifying costs
- More Than a Loan: Approved clients also receive free career support from an Achēv counsellor, including a career action plan, credential evaluation guidance, resume and cover letter coaching, mock interviews, job search help, and ongoing support.
- Locations: The ACA program is available to residents of Ontario.
- Funding: ACA is delivered by Achēv, a non-profit organization, with funding from the Government of Canada.
You’re one click away from the eligibility form — just click the button below.
Check My Eligibility →