http://www.winnipegfreepress.com/breakingnews/First-Nations--83464662.html
An aboriginal loan guy is complaining because he is not part of a Federal program that guarentees loans made on reserve.
and he quotes this oh so fun stat.
"
Park says in the last two decades aboriginal lenders have provided more than 35,000 loans worth $1.4 billion to aboriginal businesses. He said the businesses have had a success rate of 58 per cent."
ONLY 58 PERCENT success?? holy CEERRAPP! Seems to me that would mean they are losing money.. no?
I wanted to go check out their website in the hopes of seeing what lending percent was or if possible a P&L.
unfortunately none of that is available
http://www.twcc.mb.ca/annual_report.php
An aboriginal loan guy is complaining because he is not part of a Federal program that guarentees loans made on reserve.
and he quotes this oh so fun stat.
"
Park says in the last two decades aboriginal lenders have provided more than 35,000 loans worth $1.4 billion to aboriginal businesses. He said the businesses have had a success rate of 58 per cent."
ONLY 58 PERCENT success?? holy CEERRAPP! Seems to me that would mean they are losing money.. no?
I wanted to go check out their website in the hopes of seeing what lending percent was or if possible a P&L.
unfortunately none of that is available
http://www.twcc.mb.ca/annual_report.php