Capitalisation

Make your money count!

Community involvement is indispensable to community credit development. We intervene by mobilising local financial resources, since loan capital exclusively comes from the community. It is new and private money. It is the community lending to the community principle. This innovative method of helping the community often sets off an economic and financial leverage effect.

In addition to contributing to your community's development, the two ways you can make your money count include making:

  • Donations (we have our charity number for tax purposes)
  • Socially responsible investment

Donating to or investing in FCAMC:

  • Enables you to express your values
  • Helps start up a business
  • Creates jobs in YOUR COMMUNITY!

People who create their own jobs are more likely to:

  • Fulfill their dreams
  • Affirm their dignity
  • Find self-confidence
  • Take their place in the community

It should be understood that while the money thus collected is lent, it is repaid and lent again and so on. Your contribution will thus have an exponential effect on FCAMC's funding.

Our current $ 220 000 capitalisation consists of:

Donations: $ 149 000 

Investments: $ 71 000 

NEWS

Together we succeed...

During the Annual General Meeting, the president of the FCAMC, Mr. Martin Gauthier, thanked all the participants, elected officials and promoters who contribute to build our economy. He praised the involvement of the board of directors, the loan committee and the support of these loyal allies as well as the great work of the permanent employees. "Today, the services of the FCAMC are perceived as one of the important tools of economic development for the region", he said.

The results of the last financial exercise period of the FCAMC are very encouraging and confirm that the needs are still present. Clients are requesting more and more of our services and this clientele is represented now in a proportion of about 14% Anglophone and 86% Francophone, that, thanks to the partnership agreement with Canada Economic Development (CED).

Martin Gauthier
President