Fredericks Foundation

Ccampaign_23447_App_10424

Fredericks Foundation aims to reduce unemployment by helping entrepreneurs to start up their own business by providing business loans. We are a leading micro-finance charity who supports those excluded from mainstream credit, who wish to become financially independent.

history Campaign has now closed

It ran from 12:00 PM, 4 December 2015 to 5:00 PM, 14 December 2015

open_in_new http://www.fredericksfoundation.org

Registered Charity in England and Wales (1086562)

Check mark Match funded

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  • We believe in a hand up, not a hand out.

    — Paul Barry-Walsh

  • A huge success story...

    — Danny Alexander

  • We believe in a hand up, not a hand out.

    — Paul Barry-Walsh

  • A huge success story...

    — Danny Alexander

Situation

Self-employment is one of the fastest growing job sources in the UK due to a combination of economic conditions and people’s desire to be in more control of their working life. For many , this is the only viable option for work. Many of Fredericks’ applicants have significant barriers to work, including long-term unemployment, caring responsibilities, health issues, ex-offender status, etc. A Fredericks loan to start a business puts them on a path to economic independence.

Solution

Government has recently stopped their Start Up scheme as they have deemed this sector to risky. Once again Fredericks finds itself one of few who are willing to help this most in need sector. We will continue to provide loans to those who cant get access to mainstream credit along with providing mentoring and heavy support. We believe everyone deserves the right to be enabled to be financially independent. £100,000 enables Fredericks to start up 20 businesses.