365 days that changed our lives. Bryony spooner, 43, is a marketing director for microfinance charity Deki. she lives in Bristol with her husband Andrew and children Amelia, 11, and Patrick, nine.
"Vashti Seth’s father died 10 years ago and left her £2,000 with a note to ‘do something good’. She used it to set up the UK’s first crowdfunding charity to lend small sums to people in developing countries"
Read the full article here.
BBC Points West reported live from our Changing Lives Through technology launch event - Watch here: https://vimeo.com/139907525
You'd never guess that... 'With £2,000 I've helped 12,000 people' blog in Marie Claire August 2015 featuring Vashti Seth.
“A daughter who was left £2,000 by her dying father and a note which said ‘do something good’ has used the money to set up a charity which has helped 10,000 African entrepreneurs”
Staff and customers at Friska, which has four outlets in Bristol and Bath, vote for a featured entrepreneur, and 10p from each of certain items sold from the menu, called Deki Dishes, allows Friska to fully fund a loan a month.
You can read the article here: http://www.theguardian.com/sustainable-business/sustainability-case-studies-friska-food-deki
Sefton Park Primary School has raised a record amount for charity in the spring 2014 Deki Tenner Tournament. Year 3, 4 and 5 pupils raised an amazing £2,410, more than any school in any previous tournament. Read more...
“I love this charity website. You don’t donate; you give a microloan (part of a bigger loan) for entrepreneurs starting small businesses living in poverty. You can lend £10 to a woman selling cakes and you get email updates telling you when they’ve repaid the loan. Then you get the choice to reinvest, withdraw or donate to the charity. £10 can help numerous different people.” Alex Stedman, Junior Fashion Editor
Red Magazine nominated Deki’s CEO, Vashti, Red Hot Woman of the Year 2010. She’s now on their Red Panel – read her blog here. http://www.redonline.co.uk/red-women/red-panel/women-in-charity/vashti-richards-tips-aw11
“Deki is similar to Kiva, but this UK-based site doesn’t collect any percentage of donations for its own operating costs, and its loan recipients are found in far fewer areas – right now, just the UK, Ghana and Nepal. Users choose a microloan recipient, the loan amount is forwarded to a field partner in the local currency (to mitigate the risk of financial loss due to currency fluctuation) and the loan is repaid over a 6- to 12-month period.”
’9 Ways to Do Good With 5 Minutes or $25′ – Jolie O’Dell, Mashable, April 17 2010