Microcredit Montreal
- Company typePrivate
- Founded1990
- HeadquartersMontréal, Canada
- Headcount1–10
- GTM typeB2C
- OfferingServices
Microcredit Montreal firmographics
Firmographics- Name
- Microcredit Montreal
- Legal name
- Microcrédit Montréal
- Website
- https://microcreditmontreal.ca
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Microcredit Montreal industry classification
Industry- Product category
- Microcredit Lending
- NAICS
- Other Nondepository Credit Intermediation (52229), Nondepository Credit Intermediation (5222)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Microloans & Working Capital Loans (FSAKAGAA)
- akta.pro secondary industry
- Microfinance, Financial Inclusion & Inclusive Markets (BPAGABAM)
Keywords
Where Microcredit Montreal is headquartered
LocationHeadquarters
- HQ city
- Montréal
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Microcredit Montreal business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Investor capital deployment: Capital is raised from individual and corporate investors who provide socially responsible investments. 100% of invested sums are assigned to entrepreneurs through the Capital Fund. Revenue is generated through interest on microloans repaid by entrepreneurs, which is used to sustain operations and grow the loan portfolio.
- Donations and sponsorships: Tax-deductible donations from individual and corporate donors (Registration number 141165555 RR0001). Sponsorship packages and corporate partnerships provide additional funding for operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | Entrepreneur loans for business projects |
| Transaction based/ take rate | Multi-year contract | Professionals trained abroad - up to $10,000 |
| Transaction based/ take rate | Multi-year contract | Cernunnos Farms case - $5,000 over 3 years |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
Microcredit Montreal product offering
Product offeringCore offering
Microcredit Montreal provides small-dollar microloans (up to $50,000 for entrepreneurs and up to $10,000 for internationally trained professionals) combined with personalized accompaniment and training to individuals excluded from traditional banking in Greater Montreal. Its programs include a general entrepreneur loan product, a women's entrepreneurship training program, and a specialized loan product supporting internationally trained professionals in pursuing credential recognition.
Product overview
Microcredit Montreal operates as a single unified microcredit platform offering three distinct loan programs: (1) Loans for Entrepreneurs for general business financing, (2) Women's Entrepreneurship Training for female entrepreneurs, and (3) Loans for Internationally Trained Professionals for credential recognition. The organization also provides a Toolkit resource center, all unified by a mission to provide socially responsible microcredit to individuals excluded from traditional financing, backed by community investor capital.
Differentiator
Problem solved
Functional benefit
Products and services
- Loans for Entrepreneurs (Prêt pour Entrepreneur·e·s) Microloans of up to $50,000 provided to individual micro-entrepreneurs in Greater Montreal who are unable to obtain financing from traditional banks. The loan is paired with personalized accompaniment and follow-up support from Microcredit Montreal staff.
- Loans for Internationally Trained Professionals (Prêt Professionnels formés à l'étranger) Specialized microloans of up to $10,000 for internationally trained professionals (ITPs) in Greater Montreal to cover the costs of credential recognition — including exams, training, and fees — required to practice in regulated professions in Quebec.
- Women's Entrepreneurship Training (Formation en entrepreneuriat féminin) Dedicated training program for women entrepreneurs in Greater Montreal, delivered alongside the lending products to build entrepreneurial skills and address the gender gap in access to financing and business training.
Quantifiable outcome
- 100% of invested capital assigned to entrepreneurs through Capital Fund
- +1 more outcomes
Companies that use Microcredit Montreal
Customer profileNamed customers18 records
Segments3 records
Ideal customer profiles3 records
Microcredit Montreal technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Microcredit Montreal partnerships and signals
Strategic signalPartnerships
25 partnerships are on record, tiered core and minor.
- CaissesolidairecorePartner credit union providing collaborative support for entrepreneur financing and referral services.
- PME MTLcoreMajor partner in Montreal's business support ecosystem. Refers entrepreneurs to Microcredit Montreal and collaborates on financing solutions.
- École des entrepreneurs du QuébeccoreEntrepreneurship school partner providing business training and referring students to microcredit services.
- Entreprendre IcicoreOrganization supporting immigrant entrepreneurship, refers clients to Microcredit Montreal.
- La RuchecoreCrowdfunding and entrepreneurship support organization, collaborates on financing and refers entrepreneurs.
- FuturpreneurcoreNational youth entrepreneurship organization partnering on entrepreneur support.
- Repreneuriat QuébeccoreBusiness succession organization referring entrepreneurs to Microcredit Montreal for acquisition financing.
- Groupe 3737minorCollaborator in entrepreneurship ecosystem.
- Chambre de commerce du Montréal métropolitain (CCMM)minorMetropolitan Chamber of Commerce collaboration.
- Startup MontréalminorMontreal startup ecosystem partner.
- Audace au fémininminorWomen's entrepreneurship organization referring female entrepreneurs.
- La Base (HEC Montréal)minorIncubator at HEC Montréal, supports entrepreneurs and refers to Microcredit.
- McGill DesautelsminorMcGill University's Desautels Faculty of Management partnership.
- Concordia UniversityminorUniversity partnership for entrepreneurship support.
- Immigrant QuebecminorImmigrant support organization referring internationally trained professionals.
- LexStartminorLegal services for startups partner.
- Barricad AvocatsminorLegal services partner supporting entrepreneurs.
- Radish CooperativeminorCooperative partner in ecosystem.
- CEJFIminorCenter for African entrepreneurship support.
- ChafricminorAfrican entrepreneurship support organization.
- WEKHminorWomen's entrepreneurship knowledge hub.
- Fondation Afro EntrepreneurminorBlack entrepreneurship foundation partner.
- BigBang AcademieminorEntrepreneurship academy referring entrepreneurs.
- Le PoleminorBusiness support organization partner.
- EvolminorBusiness support services partner.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Microcredit Montreal competitors and assessment
Company assessmentBroad incumbents
- BDC (Business Development Bank of Canada):
- Desjardins Group: Quebec-headquartered cooperative financial group with broad retail and small business banking services. Broad incumbent serving many of the same SMB and microenterprise customers in Quebec with deposit-taking banking services, while Microcredit Montreal fills the gap for those excluded from Desjardins' standard underwriting.
Emerging players
- La Ruche: Quebec crowdfunding and entrepreneurship support platform that mobilizes community capital for local entrepreneurs. Comparable as a complementary community-financing channel for the same target entrepreneurs; partner organization of Microcredit Montreal referring clients between the two.
Direct peers
- Rise Asset Management: Canadian nonprofit providing small business loans and mentorship to entrepreneurs facing mental health and addiction challenges. Direct peer in social microcredit with similar methodology of combining loans with accompaniment; explicitly partnered with Microcredit Montreal on the Cernunnos Farms case.
- Futurpreneur Canada: National nonprofit providing financing, mentorship and resources to young entrepreneurs in Canada. Direct peer in microcredit/early-stage entrepreneur lending, sharing target segments (immigrants, women, underrepresented founders) and operating model of combining loans with accompaniment. Listed as an active channel partner of Microcredit Montreal.
- Repreneuriat Québec: Quebec organization supporting business succession and acquisition by entrepreneurs. Direct peer in alternative small-business financing, particularly for acquisition financing (e.g., the Tech-Nick Informatique case referenced); partner and board member of Microcredit Montreal.
- Réseau MicroEntreprendre (RQCC): Quebec network of community microcredit organizations coordinating microenterprise lending across the province. Microcredit Montreal is one of the network's member organizations; the network functions as a direct peer coalition sharing methodology and policy advocacy.
- Entreprendre Ici: Quebec nonprofit supporting immigrant entrepreneurship through training, accompaniment, and access to financing. Direct peer in serving internationally trained professionals with similar loan accompaniment and credentialing-related programs in the same Montreal geography.
- Caissesolidaire: Quebec solidarity cooperative credit union serving individuals and small projects often excluded from mainstream banks. Direct peer offering alternative microcredit and social financing to similar underserved borrowers in the same Quebec geography.
Regional players
- PME MTL: Montreal municipal agency providing financing and support services to local entrepreneurs and SMBs. Regional peer in alternative Montreal small-business financing; serves as a major referral partner of Microcredit Montreal and a co-financier on cases like Le Terminus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Microcredit Montreal social profiles
Digital presenceMicrocredit Montreal financial estimates
Financial estimateRevenue estimate
Valuation estimate
Microcredit Montreal leadership team
Management profileNumber of profiles
Profiles24 records
Microcredit Montreal funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Microcredit Montreal M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Microcredit Montreal
What does Microcredit Montreal do?
Microcredit Montreal provides small-dollar microloans (up to $50,000 for entrepreneurs and up to $10,000 for internationally trained professionals) combined with personalized accompaniment and training to individuals excluded from traditional banking in Greater Montreal. Its programs include a general entrepreneur loan product, a women's entrepreneurship training program, and a specialized loan product supporting internationally trained professionals in pursuing credential recognition.
Is Microcredit Montreal a public or private company?
Microcredit Montreal is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Microcredit Montreal founded?
Microcredit Montreal was founded in 1990. It employs 1 to 10 people.
Where is Microcredit Montreal based?
Microcredit Montreal is headquartered in Montréal, Canada, in the North America region.
How does Microcredit Montreal make money?
Two revenue lines are on record. Investor capital deployment is the primary driver. The others are donations and sponsorships.
Who are Microcredit Montreal's main competitors?
Broad incumbents on record are BDC (Business Development Bank of Canada) and Desjardins Group. La Ruche is listed as an emerging player. Direct peers are Rise Asset Management, Futurpreneur Canada, Repreneuriat Québec, Réseau MicroEntreprendre (RQCC), Entreprendre Ici and Caissesolidaire. PME MTL is listed as a regional player.
Does Microcredit Montreal have an API?
No public API is recorded for Microcredit Montreal.
What industry is Microcredit Montreal in?
Microcredit Montreal's product category is Microcredit Lending. Its primary akta.pro industry code is FSAKAGAA, Microloans & Working Capital Loans, with a secondary code of BPAGABAM, Microfinance, Financial Inclusion & Inclusive Markets. Its NAICS code is 52229 and its SIC code is 6153.