Women have been responding to Farm Credit Canada’s lending program for them so strongly that the budget has been doubled.
The FCC Women Entrepreneur Program began in March, 2019, with $500 million, but has already hit $994.5 million for 1,391 loans.
“It’s very exciting to see that so many women have applied to this special fund for women entrepreneurs, enough for us to even invest double,” she said.
“It was a real need,” Bibeau said of the overwhelming response. “Women are facing more barriers than men when they want to enter into business generally and in agriculture is no different.”
She said women have a responsibility to each other.
“I think we have a role to play when we break glass ceilings to open the doors to others and we should never take anything for granted,” she said.
