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Save jobs as well as create new ones by making finance available where traditional sources refuse to go. Generate a supportive enterprise culture in your own community by establishing a local loan fund.

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Categories

  • Education/Training/Employment Education/​Training/​Employment
  • Beneficiaries

    Situation

    Fredericks covers South England. Although generally thought of as a rich area, there are pockets of extreme poverty and unemployment often overlooked by government schemes. In the current economic climate Community Loan Funds were playing an increasingly important role in funding new and established businesses and combating financial exclusion, but with proposed budget cuts aimed specifically at the South and cuts in benefits things are likely to get worse.

    Solution

    We believe that the best environment to ensure the survival and flourishing of small business is within its own business community. Our aim is to set up local Advisory Boards of committed people to provide flexible and immediate funds to entrepreneurs in their area. Fredericks' infrastructure will ensure that this can be delivered in the most efficient way ensuring funds have their maximum impact on the clients.

    100%
    Categories

  • Education/Training/Employment Education/​Training/​Employment
  • Beneficiaries