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.
97.6%
of our clients’
learning plans are
completed or in progress.
Demographics**
Intended Occupations
Countries of Origin
Top 4:
India
The Philippines
Nigeria
Iran
countries of origin represented.
National Impact
Windmill loans are available across Canada, in every province and territory.
Loan Portfolio Facts as of July 31, 2019
Size of the Loan Program
total active loans,
including 184 in the
Refugee Loan Program.
Repayment Rate
97%
Program Milestones
$30M+ | in approved loans |
4,500+ | approved loans |
*All figures based on loan recipients who had completed their learning plan and paid in full as of July 31, 2019. 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 clients with the required data as of July 31, 2019.