This campaign has now closed
Our mission is to alleviate poverty through work, by providing microfinance to the disadvantaged. Thus enabling people to achieve the dignity and self-respect of supporting themselves; through enterprise. For many we are a last resort out of unemployment and from benefit-dependency.
Categories
Beneficiaries
Situation
For some time, there has been a large number of businesses that are too pessimistic about their chances of getting the finance they need from their bank to grow, understandably. - With the contraction of credit, and banks reluctance to lend to more marginal clients, the need for Fredericks has grown rapidly. Everyone deserves to work in a way that provides for them and their families, which adds to their wellbeing. Confidence can be the difference between success and failure.
Solution
Providing microfinance to the marginalised with strong business plans or existing businesses, helping not only them but others in to employment. It will empower them, inspiring others in their community to do the same.