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desjardins mutual assistance fund

www.desjardins.com/ca/about-us/social-responsibility-cooperation/responsible-financial-products-services/solidarity-based-finance/mutual-assistance-fund/index.jsp
Province of Québec
people in financial difficulty

Services

Support for budget management through a regional advisory organization.

* Support for people whose financial situation is precarious.

* Loans available (about $500) for the purchase of a non-recurring essential good or service when the capacity to repay is established (basic furniture, urgent medical care, work tools, relocation assistance, etc.).

* Partnership between the Caisses populaires Desjardins and ACEF.

Details on the service offer

The loan application cannot be submitted for recurring needs. Examples of ineligible needs are: rent, current accounts (cable, telephone, Hydro-Quebec, etc.).

Eligibility

people in financial difficulty

Coverage area

Province of Québec

Languages offered

English, French

Application process

have a referral from a community organization or a Desjardins caisse, agree to receive budget counselling, apply for the loan to cover an unexpected expense resulting from a non-recurring essential need, be able to repay the loan and be a member of a participating Desjardins caisse or agree to become one

Categories:

; Employment and Income Support - Budget management and consumption