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British Charity providing business microloans?
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GordonSadler
Posts: 24 Forumite
in Charities
Maybe my google skills aren't very good, but I understand there is a british charity that provides business microloans to african/indian people requiring finance to develop their own businesses. Can anyone point me in the right direction?
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Comments
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2014 Target;
To overpay CC by £1,000.
Overpayment to date : £310
2nd Purse Challenge:
£15.88 saved to date0 -
mountainofdebt wrote: »
Thats the 1 - thank you..:T0 -
Many of the major charities , including OXFAM, provide microloans or similar support as part of their project work.
They will often allow you to ring fence a donation through their "virtual gift" products like OXFAM's "unwrapped" gifts better known for their "Buy a Goat" product but now charities offer a wide range of projects to buy into.0 -
I just came across another UK-based microloan site, via a MSE post from 2009 I found through Google search.
The site's called Deki - http://www.deki.org.uk/0 -
Oikicredit provide micro loans. It is based in the Netherlands but has an UK office. You also get a dividend on the money you invest, which you can take as income or reinvest.0
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Here's a link to a list of micro lending / ethical lending sites. It contains just under 25 initiatives, all similar to the ones mentioned in the above thread:
http://helpfromhome.org/category/actions/do-good/miscellaneous-do-good/micro-ethical-lending/page/20 -
Have a look at Opportunity International. I have donated to them for several years. They provide loans and banking/savings in the countries you asked about.0
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