Alterna Savings and Vancity credit unions be partnering with FACE to deliver a micro-loan pilot program under the Loan Fund, administering micro-loans to Black entrepreneurs from $10,000 to $25,000 in Ontario and British Columbia. Credit unions have long served underserved entrepreneurs, helping them become economically and socially empowered. Credit unions have a deep understanding of community loan funds and Alterna Savings has done so through its 20-year Community Microfinance Program. The Government of Canada and FACE look forward to seeing the success of this pilot, and look forward to welcoming other financial institutions to deliver micro-loans across Canada.