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Fredericks Foundation’s Women’s Fund is specifically designed for women regardless of their age or circumstances, we ensure we are helping them to succeed in starting their own business and work with women who are experiencing crisis but have a brilliant idea to support their family and communities
Categories
Beneficiaries
Situation
Only 1 in 5 UK businesses are owned by women. 92% of single parent families are women led and many are in poverty and relying on benefits. For many women their only option for a better life for them and their children is self employment but banks are reluctant to lend to marginal clients. We believe that everyone deserves to be able to work in a way which improves their life chances, supports their health and well-being and reduces poverty.
Solution
Fredericks provides micro-finance to women from disadvantaged backgrounds with great ideas and strong business plans. We help them to scale existing business, increasing employment opportunities. Many women have responsibilities which make traditional employment difficult. Our loan fund and business mentoring helps women to start their own business and become financially independent.