We are proud to sponsor Deki the first charity in the UK to raise loan capital through lenders and donors on their crowd-funding website www.deki.org.uk. The website displays pictures and profiles of entrepreneurs in the developing world who want to borrow money to set up a business. Individual lenders in the UK and overseas have the opportunity to lend from £10 to a chosen entrepreneur. With an average loan size of £200 a number of people will lend to each entrepreneur. The lenders are paid back over a year and as lenders are repaid they can re-lend the money to another entrepreneur, so their initial investment can help a number of people to raise themselves out of poverty.
So far, The Bath Business Club has lent over £1,000 to Deki, we hope to increase our lending to this worthwhile cause, you can see our team members here.