Antiques à Downtown, Winnipeg, MB

Résultats à proximité dans la catégorie Antiques à Downtown, Winnipeg

Jubilee Fund Inc.

Fermé maintenant

35-2855 Pembina Hwy, DOWNTOWN, Winnipeg, R3T 2H5

(204) 589-5001

The Jubilee Fund Inc. is an ethical investment fund established to raise awareness concerning the interrelated issues of poverty reduction, financial assets and access to credit. The Jubilee Fund provides short term loans to not-for-profit organizations and businesses, (cooperatives and social enterprises) to initiate or complete community based projects that reduce poverty and financial exclusion. The Jubilee Fund projects typically contribute to community needs and priorities, low income housing and/or small business or worker co-op business opportunities. Identity The Jubilee Fund was launched in 2000 as a Winnipeg-based expression of the millennium celebration for debt relief. The Jubilee Fund was inspired by the Hebrew Scriptures that call for the periodic redistribution of wealth and debt cancellation. The Jubilee Fund began in the spirit to restore equity within society and we intend to carry this spirit forward in a caring, yet business-based manner. Through our investments we aim to promote self-reliance, dignity, self-respect and a better quality of life in healthier communities. Funding The Jubilee Fund receives its financial resources from a number of venues, including memberships, donations, fund raising events, Foundations, Corporations, a grant from the Government of Manitoba and interest earnings from Jubilee Investment Certificates. These funds are pooled together into a single fund and used to secure and leverage loans for community initiatives. The Jubilee Investment Certificates and project loans are administrated by Assiniboine Credit Union. Interest rates on Jubilee Investment Certificates are 2% below GIC rates. The difference between the market rates and the Jubilee rate goes to the loan-loss reserve and to assist with operating expenses.

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