Saving Circle

Apply for Saving Circle. Is there something you or your family need, but it seems like you will never be able to save enough money? This program can support you to improve your financial situation.

How it works?

We will match your $1 with $3. For example, with the minimum deposit of $5 monthly we will match you $15 totally in $20. We will match a maximum of $250, with $750. This equals to a $1000 towards an asset.

Must complete Money Management Training (10 sessions)
Must save 4-6 months in a row
Min $5 deposit | Max of $65 deposit per month

Eligibility for Saving Circle

Live in Winnipeg – priority will be given to Inkster residents
Have a strong desire to improve your financial future
Not be a current or past IDA program participant
Be at or below the project’s income cut-off (If you are a little over you should apply anyway)

Family Income		Program Cut-Off
1 person		$19, 441
2 people		$24, 203
3 people		$29, 754
4 people		$36, 125
5 people		$40, 973
6 people		$46, 210
7 or more people		$51, 449