30-Strong: 30 donors, $1 per day, $30 per month

A letter to the community:

As-Salamu alaikum (Peace be upon you),

30 Strong is a campaign to enlist thirty early supporters in the mission that Beneficent’s Share the Wealth* program aspires to accomplish through repeating contributions. Our community, which includes you, is as strong as its weakest link. We believe that financial need should not be exploited for profit. We seek to provide help to such community members with interest-free loans to cover immediate, high interest-bearing debt.

Thirty supporters giving a consistent amount will help us continue providing the support required to lift our community out of interest-bearing debt. As well, it will ensure no one in need is ever turned away. These funds will strengthen our collective capacity to help and for Share the Wealth’s* program to endure.

Our early supporters are our greatest assets, as we have come this far with your support. Now it’s time to grow and fulfill our goal of attaining a sustainable donation stream that will help many of our community members. With your monthly donation, you can be part of the favoured group of people that will continue to benefit from an ongoing contribution.

Sincerely,
The Beneficent Team

*Share the Wealth (STW) is Beneficent’s interest-free loan program. This program offers loans to members of the community who are suffering from heavy and immediate debt burdens due to high interest rates, and are struggling to pay them off. This kind of debt can be defined as those bearing significant interest rates while also having a maturity of a maximum of one year e.g. credit cards, payday loans, etc. With average credit card debt in Canada approaching $4,000 in 2015, it is easy to find oneself in spiralling debt without an easy way out. Share the Wealth helps those in this situation ‘get back on their feet’ by cutting off the effects of compounding interest and allowing them to rebuild their wealth, instead of seeing it being siphoned off towards ever-increasing debt payments.

 

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