FCC Indigenous finance team tackles borrowing barriers – Manitoba Co-operator

by ahnationtalk on January 5, 202527 Views

Jan 05, 2025

Farm lender provides ‘à la carte’ loan options to First Nations farmers

First Nations farmers have often been frozen out of agricultural lending. An all-Indigenous team at Farm Credit Canada is working to ensure they get the capital they need.

ADVERTISEMENT

“We’re taking Indigenous voices, we’re taking what you’re telling us, and we’re trying to implement that change here … to meet the needs of those that are on reserve,” said Monica James, senior director of Indigenous financing at FCC.

Why it matters: Indigenous communities, farmers and entrepreneurs have argued for more room for Indigenous opportunity in agriculture and food production, but opportunity often requires capital to get off the ground.

The team launched in 2022, James said. Since April of that year, 845 customers self-reported as Indigenous, according to FCC’s 2023-24 annual report.

Read More: https://www.manitobacooperator.ca/news-opinion/news/fcc-indigenous-finance-team-tackles-borrowing-barriers/

Send To Friend Email Print Story

Comments are closed.

NationTalk Partners & Sponsors Learn More