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Coping in a Crisis

Posted on 27th March 2020 | Uncategorized
The announcement by the Government of its package for the self-employed will undoubtedly be a lifeline for lots of established self-employed people but many of our borrowers won’t be able to benefit. Everyone knows that new businesses are rarely profitable in their early years – and many of ours which are only a couple of …

Newsletter February 2020

Posted on 26th February 2020 | Company News
Dear Friends, Supporters and Investors. It has been quite a few months since the last newsletter – partly caused by busyness but also because I was waiting for the new branding and website to be finished. which you can see has now happened. The old website had served us well …

Consider the Good Alternatives To High Cost Debt

Posted on 20th January 2020 | Finance Tips
I watched the Panorama programme “Easy Money Tough Debt” which presented the issues faced by many people on the margins of our economy struggling with high cost debt. The problems and stresses caused to them were well presented but I was disappointed that, apart from pushing for a “breathing space” …

Why I Do It – A Personal Note

Posted on 6th November 2019 | Company News
Although there are many economic, social and moral reasons for running a microfinance organisation specifically for unemployed people, people from disadvantaged or financially excluded groups and people at the poorer end of society, this Blog is more personal and sets out the reasons behind why I started Purple Shoots and …