More than £200 billion of aid has been poured into Africa since 1970, but average incomes across large swathes of the continent have either remained the same or fallen. Hand outs, no matter how carefully they are distributed, do not always work.
Five Talents UK enables the rural poor to set up and grow sustainable small businesses. We provide innovative savings schemes, small loans, and business training for the enterprising poor. It’s microfinance for the marginalised. So far, we have supported nearly 80,000 clients via our network of local partners in East Africa. Our clients are the rural entrepreneurs who have been left behind by commercial banks.
By the end of 2020, we aim to reach 100,000 clients and through the impact on their lives, their dependants and their local communities, bring benefit to over half a million individuals. To reach this figure, we’ll need to accelerate our current rate of growth, and for that we need your help.
Click here to download our 2015 Impact Report and find out more.