Kahnawake Youth Business Fund (KYBF)

This fund is available to those who have successfully completed the 10-week Entrepreneurship Training Course, a viable business plan and a completed loan application. The fund supports the creation or expansion of viable Kahnawà:ke Aboriginal businesses and offers direct loans at a maximum of $15,000 for youth, ages 15 to 35. Interesting features of this fund are an 8.5% interest rate, interest-only payment option for the first year, and a 75/25% Forgiveness Benefit whereby 25% of the loan is forgiven once 75% is repaid in a timely manner. Cash equity is not required to access this fund.