Story
Thanks for visiting my London Marathon fundraising page.
This year I want to raise money for something everyone has heard of recently SUB-PRIME borrowing!!!!!
I want to support a charity that is lending money to poor people in Africa and around the world in order to help them start up businesses that in turn create jobs and give hope and opportunity to people who have always been considered sub-prime. http://www.fivetalents.org.uk This really is a good scheme that helps entrepreneurial spirit to enable people, family and villages to trade their way out of poverty by creating jobs.
As an extra incentive anything given on this site I will match so please give generously and gladly!
The final word to Bono….You know that mantra, "Give a man a fish, he'll eat for a day. Teach a man to fish, he'll eat for a lifetime?" It's missing something: microfinance is the fishing rod, the boat, the net, etc.
Thanks for your support and give til it hurts!
Rod
Will My Donation Make a Difference?
Yes it will! For instance:
£25 is a starting loan for an entrepreneur - loaned and repaid many times over
£100 builds an established business
£1,000 funds a mixed group of entrepreneurs
£25,000 starts a new loans project
Loans are repaid with interest- which pays for all the local running costs. Each loan is repaid and loaned again approximately every 6 months. This re-cycling means that your donation will continue to generate jobs over and over again. For example, a £1000 donation will generate over 10 jobs in the first 6 months; and a total of 100 jobs over 5 years – benefiting around 500 families and dependents.