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.

Just Posted

Plans to restore the ecology of Sidney Island include the eradication of fallow deer first introduced in the early 1900s. (Parks Canada/Submitted)
Parks Canada proposal calls for eradication of fallow deer on Sidney Island

Proposed eradication part of a larger plan to restore local ecology but obstacles remain ahead

Ryan Cootes, Erin Bremner-Mitchell, Bill Collins and Mike Williamson of Cascadia Seaweed Corporation are here seen holding up seaweed grown in Barkley Sound in July 2020. The Sidney-based company has organized the inaugural Seaweed Days Festival running May 17 to May 23. (Cascadia Seaweed Corporation/Submitted)
Let’s hear it for seaweed: slimy, unsexy and the world’s greatest untapped food source

Experts talks emerging industry’s challenges and potential at Sidney inaugural Seawood Days Festival

A forest of dance-protesters outside the BC Legislature on April 11. These participants were doing the Dance for the Ancient Forest in support of the Fairy Creek blockade and against old-growth logging. (Zoë Ducklow/News Staff)
Arrests begin at Fairy Creek blockade on Vancouver Island

Five protesters arrested as RCMP begin to enforce injunction

Saanich police are asking for the public’s help locating missing woman Christina Olsen, 41, who was last seen on May 15 in the 4500-block of Blenkinsop Road. (Photo via the Saanich Police Department)
MISSING: Police seek woman last seen at Saanich mental health facility

Christina Olsen, 41, left Seven Oaks Tertiary Mental Health Facility on May 15

A dramatic four-vehicle crash at the intersection of Government and Herald streets brings standstill in downtown Victoria on May 18. (Jake Romphf/News Staff)
UPDATE: Downtown Victoria intersection reopens after 4 car crash injures passengers, slowed traffic

Traffic impacted after crash closes Government and Herald streets

A prowling coyote proved no match for a stray black cat who chased it out of a Port Moody parking lot Friday, May 14. (Twitter/Screen grab)
VIDEO: Little but fierce: Cat spotted chasing off coyote by Port Moody police

The black cat is seen jumping out from under a parked car and running the wild animal out of a vacant lot

A thunderstorm pictured in Fraser Valley in 2021. (Black Press Media/Jaimie Grafstrom)
Wildfire concerns sparked after 320+ lightning strikes blasted B.C. yesterday

Approximately one-quarter of the province is currently listed as being at moderate risk of fire

A restaurant server on White Rock’s Marine Drive serves customers on a roadside patio. Indoor dining and recreational travel bans have been in effect since late March in B.C. (Peace Arch News)
B.C.’s COVID-19 infection rate falls to 411 cases Tuesday

360 people in hospital, up slightly, two more deaths

The Banff National Park entrance is shown in Banff, Alta., Tuesday, March 24, 2020. THE CANADIAN PRESS/Jeff McIntosh
Minister asks Canadians to camp carefully in national parks as season starts

Kitchen shelters in Banff National Park closed, trails on Vancouver Island will only be one-way

Names of those aboard the ship are seen at Komagata Maru monument in downtown Vancouver, on Tuesday, May 18, 2021. The City of Vancouver has issued an apology for its racist role in denying entry to 376 passengers aboard a ship that was forced to return to India over a century ago. Mayor Kennedy Stewart says discrimination by the city had “cruel effects” on the Sikhs, Hindus and Muslims aboard the Komagata Maru, which arrived in Burrard Inlet on May 23, 1914. THE CANADIAN PRESS/Darryl Dyck
Vancouver mayor says sorry for city’s role in turning away South Asians in 1914

Kennedy Stewart has declared May 23 as the annual Komagata Maru Day of Remembrance

A crew of WestCoast WILD Adventures employees tackled an onslaught of litter left at the ‘Locks of Love’ fence at Wally Creek on May 2. (Anne-Marie Gosselin photo)
Litter woes consume popular ‘Locks of Love’ fence on B.C.’s Pacific Rim

Popular view spot near Tofino plagued by people hanging masks and other unwanted garbage

A game camera near the Klahoose reservation on Cortes Island caught this glimpse of a truck leaving the woodlot at around 2:30 on Sunday morning. Photo supplied by Klahoose First Nation
Indigenous cutblock vandalised on Cortes Island, anti-logging element suspected

Ribbons pulled down, gravel poured into gas tank at Klahoose First Nation site

Announced Tuesday, May 18 by Public Safety Minister Mike Farnworth, the province added gyms, dance and fitness studios to its list of places where face coverings are mandatory. (AP/Steven Senne)
Masks now required at all times inside B.C. gyms, including during workouts

Those who disobey could be subject to a $230 fine

Reinhard “Bud” Loewen of Abbotsford has now been charged with 21 counts of sexual assault related to his massage business. (Facebook photo)
Former Abbotsford masseur now faces 21 counts of sexual assault

Bud Loewen of Bud’s Massage Therapy initally faced three charges

Most Read