Our January pot will kick start the businesses of 34 entrepreneurs through our micro-finance partner Deki. Deki empowers people living in poverty to change the course of their lives by providing access to ethical microloans and training.
Each loan positively impacts six people as a new thriving businesses benefits family and local community. A loan increases the recipient’s ability to:
- Provide their family with more than one meal a day
- Send their children to school
- Access clean water
- Save for the future
- Access healthcare
The entrepreneur may be able to offer employment opportunities to members of their family and the village community and can help boost the local economy with their own increased purchasing power.
The wonderful thing about donating through Deki is that every time a loan is repaid it is lent to a new entrepreneur so our original donation keeps doing good! By the end of February Be One Percent will have funded over £130,000 of loans changing the lives of over 5,000 people!