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Address
Flat B, 391B Queen Road, Manchester, United Kingdom
Contact Info
Phone:+44 740 445 9954 / +44 757 586 7564 Email: info@afrisusuinitiaitve.co.uk
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To Afrisusu Initiative Foundation C.I.C
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Joining Afrisusu Initiative Foundation CIC offers several benefits for its members
Here are some key advantages in(Financial Support, Community Empowerment, Social Inclusion, Transparency and Accountability, Membership Benefits).
Access to Loans
Members can borrow amounts ranging from £100 to £5,000 with flexible repayment plans and competitive interest rates, making it easier to meet financial needs such as basic expenses or business ventures.
Ethical-Compliant Options
For those seeking ethical financing, the foundation offers Sharia-compliant loans based on a profit-sharing model.
Collective Financial Pooling
The foundation operates as a community-owned group, allowing members to pool resources and support each other financially, which fosters a sense of belonging and mutual assistance.
Training and Development
Members receive training and financial education, enhancing their skills and knowledge about managing finances effectively.
Addressing Social Exclusion
The foundation aims to combat social exclusion by providing financial opportunities to low-income earners who might otherwise rely on high-interest lenders.
Supportive Community Network
Being part of Afrisusu connects members with others facing similar challenges, creating a supportive environment that encourages collaboration and shared success.
Regulated Operations
As a Community Interest Company (CIC), Afrisusu is subject to regulations that ensure its activities benefit the community, providing reassurance regarding the integrity of its operations.
Dividends on Contributions
Members can earn shares in profits generated by the foundation, with principal amounts repaid at the end of the fiscal year.
Rotational Savings Scheme
Members can participate in a rotational savings scheme that allows them to receive pooled funds on a rotating basis. Afrisusu Initiative Foundation CIC not only provides financial assistance but also fosters community engagement and personal development among its members.