About Windmill Microlending
Windmill Microlending is a Canadian non-profit organization that offers low-interest career loans to help newcomers finance the education they need to succeed in Canada. Since 2005, Windmill has supported over 10,000 immigrants and refugees in overcoming underemployment and achieving career success.
We partner with institutions to help their members cover the costs of tuition, accreditation, relocation, and living expenses. Our affordable loans are tailored to meet the unique needs of immigrant clients, many of whom are unable to access traditional credit. We provide a fixed interest rate that is more favorable than other financing options.
About Eastern College
Eastern College specializes in hands-on education and training for growing industries. With over 30 programs, workshops, internship opportunities, and online courses, Eastern College provides comprehensive educational resources to its students.
The program curriculum is developed with input from industry leaders to ensure the highest quality of education. For more information on Eastern College, visit their website.
Client Success Story: Victor’s Journey
Arriving in Canada from Mexico City in 2015, Victor faced uncertainty and stress about his career direction. When the COVID-19 pandemic struck, he began re-evaluating his career goals but was held back by the costs of re-training.
When Victor first heard about affordable loans through Windmill Microlending, he thought it was too good to be true. But it was real. Thanks to Windmill, Victor now has what he calls his dream job in cybersecurity.
“When I landed this job, I felt like my life was back on track,” says Victor, now a Cybersecurity Specialist.
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 followed by up to three years of principal + interest payments, depending on your career plan.
- Access to success coaching support and the mentorship program
More Than Just a Loan
As a Windmill client, you benefit from a wide range of services designed to support your success:
- One-on-one coaching for career development
- Career and educational resources
- Financial planning and budgeting tools
- Access to the Windmill Mentorship Program
- Exclusive access to our Community Success Hub
Our Impact on Clients
- Over 3x Growth in Income
Many newcomers take low-income jobs to survive. Windmill helps clients return to their trained professions, boosting their income by more than three times. - 95% Historical Repayment Rate
Windmill’s affordable loans and repayment structure support clients effectively. Our clients' 95% repayment rate reflects their determination and success. - 75% Decrease in Unemployment
As clients progress, their employment opportunities soar. This reduction in unemployment marks the start of a remarkable journey and contributes to a booming economy.