MICROFINANCE

Ana

Ana Isobel Cruz Solis in front of her convenience store “Chula’s”

FOB CANAM has a microfinance program and has initiated three sucessful loan cycles with some women of Barron.  These women would not otherwise been able to expand their businesses due to a lack of financial serives in Barron.

Marlena

The chicken cooker at Marlena’s fast food restaurant

 

 

 

 

 

Over a 2 year payback schedule, all three loans have been either paid in full or are current with their pay-back schedule.

Silvia

Silvia with some of her creations

 

 

 

 

 

 

 

 

The business benefitting from this service are a chicken BBQ place (behind the school), a grocery store (Chula’s) and a handbag manufacturer. FOB CANAM is dedicated to helping start-up cottage industries such as these and will to continue to accept proposals from entrepreneurs.

Anyone interested in learning more about this program please contact Dale Lyster (dlyster@shaw.ca)

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