Ottawa Community Loan Fund
Being entrepreneurs ourselves, we were greatly inspired by the original mission of the Ottawa Community Loan Fund when we were approached to be a founding sponsor back in 2001. We quickly agreed to support the new organisation that would be supporting the dreams and aspirations of local entrepreneurs. OCLF provides small loans, coaching and encouragement to aspiring entrepreneurs, social enterprises and community organisations that have a difficult time accessing traditional financing.
Fueling Innovation, Expanding Opportunities and Improving Lives.
Among the many people that are helped by the Ottawa Community Loan Fund are single mothers and people who are new to Canada. Since its formation, OCLF has helped all kinds of small businesses and groups including coffee shops, Yoga studios, landscaping companies, cleaning companies, bakeries, massage therapists and more. OCLF is fueling innovation, expanding opportunities and improving lives at the grassroots level. They are quietly making a difference all across Ottawa. We are proud to have helped them get up and running.
Over the years OCLF has actively participated in enhancing community economic development (CED) in the Ottawa area. As of 2013, OCLF provided over 200 microloans, totalling approximately $2 million. Since its inception in 2000, it has constantly pursued its overarching goal; to ensure their loan recipients eventually have access to traditional financing, increase their assets and/or achieve the professional development.
Since its inception in 2000, OCLF has constantly pursued its overarching goal; to ensure their loan recipients eventually have access to traditional financing, increase their assets and/or achieve the professional development. OCLF is run by a small but hardworking staff and supported by a dedicated cadre of volunteers including a talented board of directors.
Donating Our Time and Talents
For over a decade after the founding of OCLF, McGill Buckley donated its time and talents to help produce a wide variety of marketing vehicles including print collateral, event promotions, advertising, social media and websites for OCLF. Stephen McGill also served as a member as well as Vice-Chair of the Board of Directors of the Ottawa Community Loan Fund.