Momentum

Impact Areas:

Low income persons residing in Calgary (unemployed and underemployed, new immigrants, women entrepreneurs, entrepreneurs with disabilities)

Abbreviation:

Website:

Funding Amount:

$5k - $10k

Geographic Area:

Calgary, Alberta

Summary:

Momentum uses a Community Economic Development (CED) approach that offers hope and opportunity to people living in poverty. The society’s program include: business development programs, skills training programs, financial literacy programs and business services.

Funding amount:

Micro-business loans up to $7,500.

FundAbility loans up to $10,000 for your first time loan and more for a second loan.

Immigrant Access Fund up to $10,000.

 

Momentum

Program Objective:

Variable

Investment Type:

Micro-loans, FundAbility loans (for entrepereneurs with disabilities), Immigrant Access loans

Key Features:

Momentum can help with character-based loans that provide financing where banks and lending institutions do not.

Client Group:

Individuals