About Windmill Microlending
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 10,000 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.
RBC and Windmill Microlending are working together to help you thrive in your career.
This partnership will provide financial support to cover the costs of accreditation, training, licensing exams, language tests, and even a living allowance during your period of study.
Trupti’s Story
With ten years into a successful nursing career in India, Trupti decided to move to Canada in 2012. She was looking for a better future for her family and the opportunity to advance in her profession. However, Trupti soon realized that she couldn’t find a job as a nurse without a Canadian license. After finishing the process with the College of Nurses of Ontario, Trupti got her RPN eligibility. But to receive her designation, she needed to complete additional courses and practical hours.
A Windmill loan helped Trupti cover the cost of courses and textbooks, and in 2016, after completing 14 courses and 400 practical hours, she received her RPN license.
“I couldn’t afford to pay for my courses. Windmill offered me the support I needed and helped me organize my career goals.”
Trupti
Nurse
Binal’s Story
“The loan helped me with childcare expenses and my schooling. Thanks to Windmill, I am loving my life as a dentist again.”
Binal
Dentist
What makes a Windmill loan unique?
- Loans up to $15,000
- Fixed low-interest rate as low as 6.7%
- Zero loan processing fees
- Success coaching support and mentorship program
More than just a loan
As a Windmill client, you benefit from a range of services, including:
- One-on-one coaching to support you on your career path
- Career and educational resource supports
- Financial planning and budgeting tools
- The Windmill Mentorship Program
- Exclusive access to our Community Success Hub
Our impact on our clients
Over 3x
Growth in income
Windmill helps clients return to their trained profession to boost their income by over 3 times.95%
Historical repayment rate
Our clients' dedication is reflected in their impressive repayment rate, showcasing their determination and success.75%
Decrease in unemployment
Employment opportunities soar upon loan repayment, marking the start of a remarkable journey and booming economy.