Saving Circle

Saving Circle is offered at partner sites found in the “How do I apply” section.

Participants save money towards the purchase of necessities.

How does it work?

Participants receive $3 for every $1 they save. $250 saved within a period of 6 months qualifies for $750 of matching funds for a total of $1000 that is used to purchase an asset.

Participants can use their savings for the following goals:

  • Furniture
  • Computer
  • Education or Training Courses
  • Registered Education Savings Plans
  • Ability Supports

Am I eligible?

To qualify, applicants must…

  • live in Winnipeg
  • meet the program low income cut-offs (see below)
  • have a strong desire to improve their financial future
  • be willing and able to attend workshops

Applicants are not eligible if they, or someone in their household, has previously received matching funds from any Asset Building Program in Manitoba.

How do I apply?

Please contact one of SEED’s partner sites directly to apply for Saving Circle:

Immigrant and Refugee Communities of Winnipeg (IRCOM) 204-943-8765
The Link 204-949-6500
NorWest Co-op Community Health 204-782-8793
Pluri-elles 204-223-1735
Manitoba Possible 204-975-3103
Urban Circle 204-589-4433
Villa Rosa 204-786-5741
Ma Mawi 204-925-0340

For a list of partner organizations, please see here: Saving Circle Brochure

Low Income Qualification Chart

Household Size Maximum Gross Household Income
1 person $20,636
2 persons $25,691
3 persons $31,583
4 persons $38,346
5 persons $43,492
6 persons $49,051
7 or more persons $54,611

SEED Winnipeg looks at household income to help determine eligibility for our programs. We use Statistics Canada’s Low-Income Cut-Off (LICO) as a guide (we use 75% of LICO). Other factors besides LICO are also considered.