MEDA Promissory Notes for Canadian Investors

Canadian residents Canadians who wish to invest in the poor can purchase Promissory Notes from Mennonite Economic Development Associates of Canada (MEDA); MEDA will invest and on-lend this money to the MicroVest Fund.

Purchasing a Promissory NoteThe minimum investment is $1,000. Promissory Notes can be purchased in multiples of $1,000. The income earned depends on the length of time invested. You can also choose to forgo your interest by selecting a rate of 0%, thereby helping MEDA in its economic development programs.

Term on Investment	Maximum annual interest paid: (subject to revision)
1 year	2.0%
3 years	2.0%
5 years	3.0%
10 years	3.0%
	rev. Dec 2004

Unfortunately, we are able to offer such Promissory Notes (under exemptions granted to charitable institutions), only to residents of Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador. The information provided herein does not constitute an offer to sell or solicitation to buy securities in any province in which such offer or solicitation is not authorized.

Tax Considerations: Income paid on Promissory Notes will normally be taxable as interest income. Donations to MEDA Canada will normally be tax deductible. Investors' individual tax circumstances vary. This does not constitute individual tax advice; investors should seek professional tax advice.

RRSP: MEDA Canada has not registered these Promissory Notes with any trustee of Registered Retirement Savings Plans (RRSP) and does not offer RRSP accounts. Further, MEDA Canada has not requested or received a determination of whether a Promissory Note would or would not qualify as an investment for a self-directed RRSP account.

To request an Offering Memorandum, please email