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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 …

Tackling Poverty in the UK

Posted on 1st February 2019 | Finance Tips
IntroductionI have been reading “Poverty Safari” by Darren McGarvey. Darren is a man who grew up in poverty in Glasgow and has experienced many of the issues and side-effects first hand. He has become a speaker and advocate on issues around poverty in the UK and is outspoken on the …

Is the Demise of Wonga a Good Thing?

Posted on 17th September 2018 | Uncategorized
On the face of it, the removal of any lender who appears to take advantage of the poorest members of our society and charges them usurious interest rates (these are the accusations usually levelled at Wonga and others like them) must be a good thing. But there is a big …