Access to credit is a luxury that many of the poorest do not have, and if they do they are often forced to borrow from loan sharks.
This not only traps them in spiralling debts due to extortionate interest, but also stops them from growing their small businesses.
Having access to loans, savings and insurance facilities can significantly increase the chances for them to be self-reliant.
Consequently benefitting their families and also the communities in which they live.
Islamic Relief provides complete Microfinance solutions to support small-scale businesses grow and thrive, helping people’s dreams become a reality.
Not only does this lift people out of poverty, it also means that they don’t have to rely on aid.