CUDDLE+KIND OPPORTUNITY FUND
Support. Empower. Improve lives.
WHAT IT IS.
To help address the inequality that women of colour face in gaining credit, we’ve launched the cuddle+kind Opportunity Fund. The $50,000 fund gives interest-free loans to women of colour entrepreneurs and is open to applicants worldwide.
WHY WE DO IT.
The goal is to empower women of colour to reach their potential by providing access to credit that isn’t otherwise available to them. Our hope is to support and nurture a community of women who are paving a brighter future.
We choose to invest in women because women support their families and build communities with their earnings. By providing interest-free loans to women of colour, our desire is to create more equal opportunities for success which in turn promotes social justice, builds communities and improves lives.
HOW IT WORKS.
The cuddle+kind Opportunity Fund: $50,000 CAD
Loan amount may vary from $500 - $5,000 CAD
• Loan is repaid over 2-4 yearsFirst repayment is due after 1 year, subsequent payments every 3 months.
• As each of the loans are repaid, they will re-enter the cuddle+kind Opportunity Fund to fund the next round of loans to improve more lives and build more communities.
WHO CAN QUALIFY:
Any woman of colour anywhere in the world who has a solid business idea with a plan for success.
HOW TO APPLY.
Please fill out the online application below. Once you’ve completed and submitted the form, you’ll get a confirmation email with a copy of all your answers for your records. We will review applications on a quarterly basis and contact shortlisted candidates for an interview by the selection committee. Good luck!