IAF (Immigrant Access Fund )
IAF is providing micro loans to worldwide skilled immigrants to help them to pay the fee of obtaining the licensing and training in Canada.
The loan can be used for Short-term (two years or less) training , Exam fees with a professional governing association ,Travel expenses to write an exam, Qualification assessments, Professional association fees and Books and course materials.
The loan limit is up to $10,000 with interest rate of 4.35% annually. IAF loans are available to immigrants living across Canada. You should have following eligibility to apply the IAF loan:
- You should be a permanent resident, Canadian citizen, protected person, or provincial nominee.
- You have worked in another country in the field you wish to return to
- Lack access to comparable financial resources
- You should not have an undischarged bankruptcy
The IAF program is now delivered through a single entity under the name Immigrant Access Fund Canada.
For futher information : http://www.iafcanada.org