A crowd-funding platform to raise interest-free loans for South Africans affected by lockdown
#aloannotalone
WHAT MAKES US DIFFERENT
We use crowd funding to connect self-employed low income earners who can’t currently earn with people that can help with a short-term loan.
This is not a once-off donation.
Our interest free crowd funded loans go a lot further:
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Together we can bridge the gap to ensure our recipients stay in business when things return to normal, so they can go back to earning their own income and contributing to the economy.
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Once loans are paid back they can be paid forward – more than one recipient benefits from the original sum of money.
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We use the power of the crowd! Small amounts (from R500) add together to make big differences.
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We remove barriers to accessing traditional cashflow: funds are raised and loaned based on critical urgency and need.
‘My name is Crispen. I’m a Boxing Trainer, and the gym where I work has closed down because of this disease. I have had to watch my kids crying for food. As their father, it is very painful.’
MEET SOME OF THE INDIVIDUAL INCOME EARNERS WHO NEED YOUR HELP
TK
Balfour Alexandra Football Club Coach
First time expecting dad, R8 000 needed for birth and baby essentials.
SIPHA
Personal Trainer
R9 000 loan needed to pay for rent and food to support his daughter.
MICHAEL
Waiters on Skates
Events Waiter
R15 000 needed to support his 5 children and 70 year old Mother with Diabetes, and to ensure his business can continue after COVID.
ROY
Uber Driver turned Entrepreneur
R10 000 loan needed for equipment to set up a small business selling buns, doughnuts and hot chips to sustain his wife and 3 year old son.
