Kimil from Uganda
Chaisee from Thailand
Adarsh from India
The number of Canadians on the brink of financial insolvency has reached a five-year high, with more than half of people $200 or less away from being unable to meet their financial obligations each month Source: MNP Consumer Debt Index.
Interest-Free Lending, Rooted in Compassion
For $10 a month, you can join the Honeycomb and empower our communities to end the debt cycle and achieve financial empowerment through interest-free lending, financial literacy, and mentorship.
Join the Honeycomb
Our Mission
Beneficent is a non-profit, 100% volunteer-run organization created to serve our Canadian community by lending money without interest to those in need of financial assistance. Our work helps individuals ‘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.
Make A Donation
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We provide interest-free loans to help community members get back on their feet
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We provide financial coaching for the client, to empower them with tools to avoid debt 3
We provide the public with free educational seminars, tax clinics, resume and interview preparation help
Our Success
Beneficent has been providing interest-free loans and financial education since 2016. Here is what we've achieved so far
59
Individuals helped
$147,865
Cumulative loans issued
$2,510
Average loan per individual.
Our Partners
These are a few organizations that have partnered with us to fill the gaps for services to better serve all of our clients.
Become A Partner
NZF
Manzil
Nisa Homes
Our Direct Funds
We offer many different funds that provide direct help for specific issues that children face in the world.
Covid-19 Emergency Fund
Donate
African Feeding Fund
Donate
Brazil Feeding Fund
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School Fund
Donate
Healthcare Fund
Donate
Covid-19 Emergency Fund
$185,365 of our $250,000 target has been raised.
Our Covid-19 Emergency Fund aims at providing direct help, mostly in the form of food, to countries that are most affected by the pandemic. Our donation target of $ 250,000 will allow us to get the necessary infrastructure and help supplies in place fast.
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