Your donation will make a big difference. Thank You!

How to Give

You can donate by any of the following means…

One-off gift

To make a one-off gift from your internet or telephone bank make your transfer payable to the Five Talents account at the Cooperative Bank, account no. 65190492, sort code 08-92-99. Alternatively please make cheques payable to “Five Talents” and send to:

Five Talents UK Ltd.
4th FLOOR
Park House
22 Park Street
Croydon
CR0 1YE

If you are a taxpayer please remember to download, sign and return the Gift Aid declaration with your cheque. This enables us to collect £28 extra for every £100 donated.

Regular Gift

Set up a Standing Order with your bank to pay: Five Talents at the Cooperative Bank, account no. 65190492, sort code 08-92-99. Remember to sign and return the Gift Aid declaration to the Five Talents office.  The simplest way to do this is to download a donation form, fill it in and send it to us.  Alternatively complete the online Direct Debit instruction (below).

Online Donation

To make a secure credit or debit card donation, or to set up a regular direct debit to Five Talents, please click one of the links below. Your donation will be processed automatically by CAF online (Charities Aid Foundation), who specialise in the secure processing of online donations and Gift Aid collection.

 

Stuck for a Present?

Click here for details of how to create a job as a gift and to see exclusive Five Talents Christmas cards.

Donate to Five Talents in your Will

A donation in your will to Five Talents will help us to empower individual entrepreneurs in the developing world and allow them to create a better life for their families and friends. However big or small your gift is, your generosity can make a real difference. For example, just 100.00 GBP will help to build an established business while 1,000.00 GBP will help fund a mixed group of entrepreneurs.

Donate to Five Talents in Memory

With Five Talents' microfinance model, individual entrepreneurs repay loans, together with interest. The interest pays for all of the local running costs, meaning that our donation will be used over and over again, to generate jobs, fight poverty and transform lives. We hope that a donation will be used over and over again, to generate jobs, fight poverty and transform lives. We hope that a donation to Five Talents will allow the memory of your loved one to continue to live on, creating hopw for others in the future.

An "in memory" donation can be arranged at any time, whether to commemorate a birthday, anniversary or other special date.



Will My Donation Make a Difference?

Yes it will! For instance:

  • £25 is a starting loan for an entrepreneur - loaned and repaid many times over
  • £100 builds an established business
  • £1,000 funds a mixed group of entrepreneurs
  • £25,000 starts a new loans project

Loans are repaid with interest- which pays for all the local running costs. Each loan is repaid and loaned again approximately every 6 months. This re-cycling means that your donation will continue to generate jobs over and over again. For example, a £1000 donation will generate over 10 jobs in the first 6 months; and a total of 100 jobs over 5 years – benefiting around 500 families and dependents.

Please join us in making a difference in so many lives.

How will your Gift be Used?

Your gift will automatically be allocated to the greatest need, in line with our 2008 strategy. However it is possible to request how you would like your gift to be used – just let us know when you make your donation. You can specify which country or project you would like your gift to be used in. Contact the office for more details.

The Loan Fund

On average:

  • £100 loaned to an entrepreneur will create one job in the first 6 months which benefits 5 family members / dependents.
  • A gift of £1000 will help to create 10 jobs in the first 6 months and another 10 jobs in the next 6 months, i.e. 20 jobs in the first year.
  • Over 5 years, your gift will have generated 100 jobs and benefited 500 people.

The Training Fund

Five Talents organises microfinance training in various parts of the world. This is vital to build the capacity of current and future staff in managing microfinance programmes. It is also a "training of trainers" opportunity to spread good practice and to scale-up the programmes.

In June 2008 Five Talents sponsored a 5-day training course in Accra, Ghana covering Micro-Enterprise Development tools and best practices. Five Talents paid for 20 community development leaders to attend this training, drawn from 5 different countries.  The training cost was £150 per person plus transport and upkeep.

The General Fund

All organisations need home-support to make things happen, and we welcome donations towards future administrative costs. The Trustees of Five Talents UK are committed to keeping Administration costs below 20% of all expenditure, falling further as we grow. Donations to the General Fund will be used where most needed (Administration, Loans or Training), in line with our annual Budget.

 

World Bank 2007, Development and Faith, p.212

"One aspect of Five Talents that sets it apart from other microfinance enterprises is its effort to provide business training and one-on-one business counseling to loan recipients."
 
 
 
 
 

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