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 the costs of tuition, accreditation, relocation, and living expenses. Our affordable loans are designed to meet the unique needs of immigrant clients, providing a fixed interest rate that is lower than other financing options.
Discover how Windmill Microlending and VetStrategy can help you attain your goal
Veterinarians are in high demand in Canada, and internationally-educated professionals are needed to care for the growing pet population. Windmill and VetStrategy understand how challenging it is for skilled immigrants to practice veterinary medicine in Canada and have partnered to help you. Through this partnership, you can receive the financial support you need to start or complete the licensing process in Canada.
Rajan’s Story
In India, Rajan was a successful veterinarian, with both a bachelor’s and master’s degree. He practiced his profession for seven years before moving to Canada in 2012 to further his career. Shortly after his arrival, Rajan had to work full-time as a security officer to cover his living expenses.
When Rajan was ready to tackle the Clinical Proficiency Examination (CPE), he faced financial constraints. A Windmill loan helped him cover the exam fee, and by the end of 2016, he became eligible to practice as a veterinarian in Canada. Today, Rajan works at a clinic in Vancouver.
“It took me several years to be where I am because I didn’t have enough funds. With a little bit more money, I could have done it earlier,” Rajan recalls.
— Rajan, Veterinarian
What makes a Windmill loan unique?
- Loans up to $15,000
- Fixed low-interest rate as low as 6.7%
- Zero loan processing fees
- Two years of interest-only payments and up to three years of principal + interest payments depending on your career plan
- Success coaching support and mentorship program
More than just a loan
As a Windmill client, you benefit from a variety of services, including:
- One-on-one coaching to support 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
Many newcomers take on low-income jobs to survive. Windmill helps clients return to their trained professions, boosting their income by over three times.95% Historical repayment rate
The impressive repayment rate demonstrates our clients' determination and their success in achieving their goals.75% Decrease in unemployment
As borrowers repay their loans, employment opportunities rise, marking the beginning of a new journey and a stronger economy.