Is your project loan-ready? When evaluating a potential impact loan, the Calgary Foundation reviews the community benefit of your project and evaluates the level of risk associated with your plan to repay the loan. Ideal investments demonstrate:
- A clear purpose or project for the use of borrowed funds
- Community benefit
- A feasible repayment plan
- Readiness, good planning, financial accountability, and secure leadership
- A proven track record
Based on the 6 C’s of Social Credit, our self-assessment tool is designed to help you determine whether your organization is ready to borrow, and whether your initiative or project is suited for an impact loan.