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Windmill Microlending is a Canadian non-profit offering low-interest career loans to help newcomers pay for the education they need to succeed in Canada. Since 2005, Windmill has supported over 12,500 immigrants and refugees to overcome underemployment and succeed in their careers.
We partner with institutions to help their members cover costs of tuition, accreditation, relocation and living costs. Our affordable loans are designed to meet the unique needs of immigrant clients, who often cannot access mainline credit, by providing a fixed interest rate that is lower than other financing options.
Chartered Professional Accountants (CPAs) are Canada’s trusted business leaders. They’re at the forefront of change and innovation, highly valued for their financial expertise, strategic thinking, business insight, management skills and leadership. CPA Ontario has partnered with Windmill Microlending to provide financial support to internationally-educated accountants and business professionals pursuing their CPA designations.
Our loans offer two years of interest-only payments and up to three years of
principal + interest payments depending on the length of your career plan.
As a Windmill client, you benefit from a range of services, including:
Growth in income
Newcomers take on low-income jobs to survive. Windmill helps our clients return to their trained profession to boost their income by over 3 times.
Historical repayment rate
Our affordable loans and repayment structure support clients like you. The impressive rate of repayment showcases our client's determination and the impact of their success.
Decrease in unemployment
As our borrowers take their next steps, employment opportunities soar upon loan repayment, marking the start of a remarkable journey and booming economy.