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Usually new immigrants or even new immigrant families, find that when they come to a country like Canada, they don't really know how to cope with the system. How to find opportunities to optimize their chances to succeed in a new environment or in a new country ... |
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What is SumaCorp ?
SumaCorp is a Social Business with focus on helping people getting out of bad debt and to educate newcomers to prevent them to fall into bad debt. SumaCorp Social Business model is Inspired by Mr. Muhammad Yunus, the Peace Noel Prize winner.
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Why SumaCorp ?
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Each year, close to 250,000 people come to Canada from all over the world.
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Canada promises many paths to success.
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Unfortunately, courage and willingness to work are not sufficient for newcomers to succeed.
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There are many barriers beyond their control. Like in a maze, they can never find the path to success.
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Often, financial institutions do not support them.
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In addition, the lack of experience and the linguistic barriers can make them commit big mistakes.
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SumaCorp was created to represent the new immigrants who upon arrival feel trapped in the puzzle of their personal finances in Canada.
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As a Social Business, SumaCorp facilitates for investors money to reach newcomers in need to get out of bad debt by using low interest loans.
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Through the Immigrant Network, Sumacorp has been educating newcomers on how to cope with the system. |
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Like the ladder in the image, SumaCorp is looking to be always available for newcomers, providing information and services to help them succeed. | |
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