Almost half the world lives on less than £1.50 a day.
Yet these are honest, hardworking people motivated by the same things as most of us: they want to make something of their lives, feed their families and send their children to school. With the capital to start a business, our entrepreneurs can turn their lives around. Together we can empower them to work their way out of poverty. Meet some of our entrepreneurs and their projects.
In South Sudan, only 12% of women and 11% of men within the active population are formally employed. No job means little hope for the future.
More businesses mean more jobs. An entrepreneur sets up a business and employs his neighbours. More people have the opportunity to work their way out of poverty with dignity. The local economy is boosted.
Knowledge is power. Our entrepreneurs want to know how to protect themselves against poverty in the long-term.
That’s why each entrepreneur receives business training with their loan. Our partners teach them to plan wisely and to use their income to support themselves in the future. Microloans create permanent change.
Living in poverty means a daily struggle to access food and clean water. Right now, half of children under five in Malawi suffer from malnutrition.
A microloan changes everything. Once an entrepreneur has set up their business they can afford to buy food. Access to nutritious food and clean water leads to a healthy community, helping our entrepreneurs break the poverty cycle.
Women do two thirds of the world’s work, but earn only 10% of the income. Gender inequality is still prevalent in developing countries. In South Sudan, women can’t access loans from banks due to gender discrimination.
Deki microloans don’t discriminate and are available to everyone. In fact, 70% of our loans go to women. We empower women to build their own businesses and fulfil their potential, allowing them to feed and educate their children, employ their neighbours and help their communities thrive.
Education means opportunity. 18% of children in Uganda never go to school and 66% will never complete their education. These children have little hope of getting a job in the future.
Education solves poverty. With the help of a Deki microloan, our entrepreneurs are able to pay for their children’s education, buy school supplies and give them the opportunity for a better life.