A local non-profit is celebrating 10 years of helping local entrepreneurs get started by providing loans, training and wrap-around services. (Community Micro Lending/Facebook)

A local non-profit is celebrating 10 years of helping local entrepreneurs get started by providing loans, training and wrap-around services. (Community Micro Lending/Facebook)

Victoria non-profit celebrates a decade of helping entrepreneurs get started

Community Micro Lending Society hosts celebration on Nov. 29 at The Dock

A local non-profit that helps aspiring entrepreneurs get started celebrates its 10th anniversary this month.

Community Micro Lending Society helps connect local borrowers with local lenders for business start ups and expansions, along with providing training loans for programs supporting employment.

The organization also provides coaching for loan applicants and regularly runs programs that are a blend of financial literacy and business training, typically in partnership with organizations serving unique communities. Participants are eligible for wrap-around support such as child care subsidies, translation and bus fare.

READ ALSO: EXCLUSIVE: Meet the Victoria man behind the car-shaming handbills

Elysia Glover, director of the Society, says these subsidies make a world of difference to single parents especially.

Since 2016 they have run 11 programs, with two scheduled for the new year including a new partnership with Groundswell Social Ventures, an alternative business school based in Vancouver.

READ ALSO: Sidney cycling society rides high with expansion plan

Past and current program partners include the Victoria Immigrant and Refugee Centre Society, Bridges for Women Society, Songhees Nation and the Songhees Innovation Centre, 1Up for Single Parents Resource Centre and local community centres.

To celebrate the last decade, an event takes place at The Dock on Nov. 29 from 6:30 to 9 p.m. Victoria Mayor Lisa Helps will be in attendance, along with Gilad Babchuck, co-founder of Groundswell Social Ventures. Tickets to the event are $40 and can be purchased on the Society’s facebook page.



kendra.crighton@blackpress.ca

Follow us on Instagram
Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

GIF
’90s rock band resurfaces with songs never properly recorded or released

Underwater Sunshine’s online reunion involves four guys who lost contact for years

Tim Siebert, one half of the partnership behind Citrus & Cane, says opening the Douglas Street cocktail lounge during a pandemic had challenges, but the bar is ready to adapt to whatever comes next. (Nina Grossman/News Staff)
New Victoria tropical cocktail lounge designed with COVID-19 safety in mind

Citrus & Cane opens in site of former Copper Owl after eight-month delay

Kennedy Nikel, applied marine biologist at Cascadia Seaweed, here seen in late September, shows off bull kelp (in her left hand) and rock weed. The company is spear-heading an annual seaweed festival scheduled for May 13-21, 2021, with Sidney council have signed off in principle. (Wolf Depner/News Staff)
Cascadia hopes to see Sidney host seaweed festival in May 2021

Council supports the idea in principle following a presentation by Cascadia Seaweed

Trevor Davis, base manager of the Western Canada Marine Response Corporation in Sidney, stands in front of the Hecate Sentinal, an oil skimming vessel based at Sidney’s Van Isle Marina. (Wolf Depner/News Staff)
Oil spill response base taking shape on Saanich Peninsula

Enhanced base with elements in North Saanich and Sidney to be fully operational in fall 2022

Idyllic winter scenes are part of the atmosphere of the holiday season, and are depicted in many seasonal movies. How much do you know about holiday movies? Put your knowledge to the test. (Pixabay.com)
QUIZ: Test your knowledge of holiday movies and television specials

The festive season is a time for relaxing and enjoying some seasonal favourites

Black Press Media and BraveFace have come together to support children facing life-threatening conditions. Net proceeds from these washable, reusable, three-layer masks go to Make-A-Wish Foundation BC & Yukon.
Put on a BraveFace: Help make children’s wishes come true

Black Press Media, BraveFace host mask fundraiser for Make-A-Wish Foundation

A man walks by a COVID-19 test pod at the Vancouver airport in this undated handout photo. A study has launched to investigate the safest and most efficient way to rapidly test for COVID-19 in people taking off from the Vancouver airport. The airport authority says the study that got underway Friday at WestJet’s domestic check-in area is the first of its kind in Canada. THE CANADIAN PRESS/HO, Vancouver Airport Authority *MANDATORY CREDIT*
COVID-19 rapid test study launches at Vancouver airport for departing passengers

Airport authority says that a positive rapid test result does not constitute a medical diagnosis for COVID-19

A small crash in the water south of Courtenay Saturday afternoon. Two men had to be rescued, but reports indicate there were no serious injuries. Photo by Mike Chouinard
Small plane crash in Comox Valley waters Saturday afternoon

Two rescued from plane that had flipped in water; no serious injuries reported

A photo from 2017, of Nuchatlaht First Nation members outside court after filing a land title case in B.C. ( Submitted photo/Nuchatlaht First Nation).
Vancouver Island First Nation calls on B.C. to honour UNDRIP in historic title case

Nuchatlaht First Nation says Crown counsel continues to stall the case using the ‘distasteful’ argument that the Nation ‘abandoned’ their land

West Vancouver Island’s Ehattesaht First Nation continues lock down after 9 active cases were reported today after a visitor tested positive last week. (Ehattesaht First Nation/Facebook)
Ehattesaht First Nation’s COVID-19 nightmare: nine active cases, a storm and a power outage

The Vancouver Island First Nation in a lockdown since the first case was reported last week

114 Canadians were appointed Nov. 27 to the Order of Canada. (Governor General of Canada photo)
Indigenous actor, author, elder, leaders appointed to Order of Canada

Outstanding achievement, community dedication and service recognized

The Ahousaht First Nation confirmed its first case of COVID-19 on Nov. 26, 2020. (Westerly file photo)
Ahousaht First Nation on lockdown over COVID-19

“Emotions are high. The anxiety is high. We want our community to pull through.”

Most Read