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Kakivak Association logo

Kakivak Association

Listed
Direct business lender for term loans and startup fundingIqaluit, NunavutBased in Nunavut; service area not yet provided
BBLL 000268Listed Nov 2026From public recordsLast checked Nov 1, 2026
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About

Kakivak Association offers secured Makigiaqvik term loans to eligible Inuit-owned businesses establishing or expanding in the Qikiqtani Region.

Direct business lender. Directly funds business financing; products and terms depend on the lender.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

Term loansStartup funding
General small business
From the lender's own site and public records.

A second look at Kakivak Association

Kakivak Association offers secured Makigiaqvik term loans to eligible Inuit-owned businesses establishing or expanding in the Qikiqtani Region.

Regional Inuit business-services organization providing business loans and separately administered grants.

Published by Levr, not by Kakivak Association. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked November 1, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Makigiaqvik loans

Amount
Secured term loans up to C$50,000.
Repayment
Published fixed interest rate of 8.5% and repayment schedules up to seven years, subject to current confirmation.
Eligibility and purpose
Eligible Inuit-owned businesses in the Qikiqtani Region starting or expanding operations.
Combined support
Business Development Officers may combine an eligible loan with grant contributions.

Provider sources: Makigiaqvik loans official source · Makigiaqvik loans official source

When it may fit

Our assessment of the published programs

  • Inuit-owned Qikiqtani businesses seeking a smaller secured startup or expansion loan.

What to weigh carefully

  • Grant availability and loan eligibility are separate decisions.
  • Confirm Inuit ownership requirements, security and current fund availability.

Questions before you accept an offer

  1. Does my ownership and location satisfy the fund requirements?
  2. What collateral and borrower contribution are required?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

BDC

BDC offers business financing across Canada.

Royal Bank of Canada

RBC provides conventional business credit across Canada for bankable applicants.

The lender

Type
Direct business lender
Legal name
Not yet provided Add it
Founded
Not yet provided Add it
Charter
Not yet provided Add it
Headquarters
Iqaluit, Nunavut
Service area
Based in Nunavut; service area not yet provided
Meets in person
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Languages
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Program approvals
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Also lends to consumers
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Website
kakivak.ca
LinkedIn
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Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

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