Our Impact
A Windmill loan can have a big impact on our clients, who significantly increase their incomes and are less likely to stay under-employed. Take a closer look at our outcomes, demographics and loan portfolio below.
Outcomes*
Income grows by
on average, with some
variance by profession.
For example, engineers achieve
almost 11X income growth.
Unemployment drops
from approximately
40% to 10%
upon repayment of a Windmill loan.
74.5%
of loan recipients are working
in their field by the time
they repay their loan.
Demographics**
Intended Occupations
Countries of Origin
Top 4:
India
The Philippines
Nigeria
Iran
countries of origin represented.
National Impact
Windmill has disbursed loans from coast to coast to coast, in 8 provinces and 2 territories.
Loan Portfolio Facts as of December 31, 2018
Size of the Loan Program
total active loans,
including 141 in the
Refugee Loan Program.
Repayment Rate
97.07%
Program Milestones
$25M+ | in approved loans |
3,900+ | clients |
*All figures based on 706 loan recipients who had completed their learning plan and paid in full as of December 31, 2018. These figures are conservative, as some loan recipients are still working on obtaining their credentials during their repayment period. This may be the case for professions with a long and/or multi-part credential process, i.e. dentists and doctors.
**All demographic statistics are based on approximately 3,600 clients with the required data as of December 31, 2018.