What else should I know about Fonds d'Emprunt Montérégie?
Fonds D'Emprunt Montérégie: Supporting Local Entrepreneurs
Our Commitment to Entrepreneurs
For over 20 years, the Fonds D'Emprunt Montérégie has dedicated itself to supporting local entrepreneurs. As a non-profit organization, our mission is to help those who have limited access to traditional financing, thus contributing to the economic development of our Montérégie region. Our actions give life to dreams and create new opportunities for skilled and driven individuals wanting to build a better future.
Microfinancing for Social Impact
We offer microloans up to $20,000, amortized over 12 to 36 months with a 10% annual interest rate. These loans are granted directly to individuals, aiming to help those with limited options — be it due to low income, age, immigrant status, or other reasons that may exclude them from standard banking channels. Our support extends far beyond financing, offering close entrepreneurial support and access to resources needed for project success.
A Human-Centered Approach
At Fonds D'Emprunt Montérégie, we focus on inclusion, solidarity, sustainable development, and a comprehensive approach to economic and social needs. We believe in fostering a sense of community and mutual aid, empowering our clients with the guidance and tools required to turn their business ambitions into reality.
Impressive Results and Proven Track Record
Since 2001, over 1,330 entrepreneurial microloans have been granted, helping to create more than 1,500 jobs in the region. With a repayment rate of 96%, our borrowers demonstrate both commitment and capability. The survival rate of businesses supported by our fund reaches 88% after five years, indicating the strong foundation built through our unique model.
A Call for Support and Investment
As the need for entrepreneurial support grows in Montérégie, the Fonds D'Emprunt invites individuals and organizations to contribute. Options include direct investment (with a 2% annual return and optional charity receipts) or donations (tax receipts for contributions over $20). Every dollar goes directly toward empowering entrepreneurs who would otherwise be left without a resource to realize their vision.
Success Stories and Community Recognition
Our network is built on the success of our clients and the testimonials of those whose lives have been transformed by our support. Entrepreneurs like Pablo Sanchez of Inkalato Inc. and Pierre Côté of Optronique Géospatiale attribute their growth and success to the personal involvement and expertise of our dedicated team.
Join Us in Making a Difference
Entrepreneurship drives local job creation and shapes the future of our region. By supporting the Fonds D'Emprunt Montérégie, you help ensure that even the most marginalized have a fair shot at economic independence and social inclusion. Discover how you can contribute and be a part of a lasting impact on Montérégie’s entrepreneurial landscape.