The purpose of this analysis is to document the Aboriginal Financial Institution (AFI) cost of $13,079 per job created and maintained, through the provision of loans and support services to Aboriginal Small to Medium size Enterprises (SMEs). AFIs were created by the Federal Government in consultation with Aboriginal leaders in the mid 1980s and early 1990s. The intended purpose of AFIs was to have them engage in the provision of repayable interest bearing loans to Aboriginal SMEs which were unable to secure loans from highly regulated conventional lenders in light of interrelated risk tolerance levels.