Q. Is Two Rivers Community Development
Centre a government agency?

A. No. Our capital originally came from the
Federal Government, but we are an
Aboriginal controlled not-for-profit
organization.

Q. How does Two Rivers Community
Development Centre determine their
interest rates?

A. Interest rates are reviewed from time to time and are set by our Board of Directors, based on our need to generate sufficient revenue to offset operating costs.

Q. Why should I borrow from Two Rivers Community Development Centre instead of a regular banking institution?

A. We are not in competition with regular lenders, as we are a developmental lender. If the client already has a good relationship with their bank (lender) there is no need to change, unless of course they want to.

Q. Where do business 'ideas' come from?

A. Business ideas come from many sources such as turning a hobby into a full-time business, work experience, business contacts, or recognizing a need for a service or product. When you travel pay attention to the types of businesses located in communities of similar size and proximity to major markets. Other sources for ideas are exploring opportunities listed in the newspapers, Internet, magazines, trade publications, and trade shows.

Q. How do I assess my idea?

A. When considering a business idea you need to focus on the concept and be able to describe it clearly and concisely. Here is a short list of some questions you should be considering:

• Is there a need for my service/product and why will consumers buy from me?
• Where do consumers presently acquire the service/product and more importantly, why?
• Do I have the necessary skills to offer this service/product?
• What are the approximate start-up costs for this type of venture and are they attainable?
• What are the industry trends?
• Was the feedback received from sources such as my friends and family, potential customers, banker, telephone poll, survey, etc. positive?