Unleash
Entrepreneurship
Lift communities out of poverty, one business at a time

About Microfinance

Microfinance institutions are a key link to people struggling to escape the grip of poverty. These institutions function as banks for these resilient women and men, providing small loans that can make a big difference. More than 100 million people around the world today use microfinance services.

Group Details

MSCU Operations and Lending

Where in the world: Canada
Web site: www.mscu.com

Who we are:

Mennonite Savings and Credit Union (Ontario) Ltd. (MSCU) is a closed-bond credit union that serves a membership base of over 16,000 members through 9 branches and 5 sub-locations throughout Southwestern Ontario.

Why we give:

Our Philosophy
Mennonite Savings and Credit Union (MSCU) draws on its Anabaptist heritage to uniquely shape its vision and direction. The Anabaptist vision is centred on the belief that God works in our lives through the power of the Holy Spirit. This vision focuses on three fundamental beliefs:
that discipleship is a way of life patterned after the life and teachings of Jesus;
that the church is a community of faith practising mutual support; and
that God calls each of us to a life of love in just and non-violent relationships.
As members of Mennonite, Amish and Brethren in Christ communities, we have joined together and become members of MSCU to help us apply the biblical concepts of stewardship, economic justice and service in our day-to-day economic lives and financial transactions.
MSCU is a contemporary vehicle for continuing and building our commitment to responsible stewardship of all resources and to being responsive to needs within our communities.

By the numbers...
Total Members: 1
Total lending fund: $4,275.00
Total loans so far: 26
Loans
Loan Recipient: Amount Loaned: Amount Paid Back:
+ Bibi Gul $100.00 $0.00
+ Lailoma $1,000.00 $0.00
+ Razia $600.00 $0.00
+ Samira $300.00 $0.00
+ Dil Jan $50.00 $0.00
+ Frozan $200.00 $0.00
+ Matiam $50.00 $0.00
+ Nargis $25.00 $0.00
+ Nek Bakht $25.00 $0.00
+ Rahela $200.00 $0.00
+ Sakina $50.00 $0.00
+ Shekiba $25.00 $0.00
+ Taiba $200.00 $0.00
+ Ziba $25.00 $0.00
+ Roya $25.00 $2.10
+ Roqia $25.00 $2.28
+ Shakila $50.00 $4.55
+ Aziza $200.00 $28.80
+ Habiba $75.00 $12.53
+ Fawzia $50.00 $8.40
+ Qamar Zia $25.00 $4.20
+ Sabrea $25.00 $4.20
+ Wahida $50.00 $22.40
+ Hafiza $200.00 $164.50
+ Saima $200.00 $197.90
+ Hawa Gull $500.00 $500.00