Ocean Help Break Poverty CycleFebruary 27th, 2015
Ocean Estate Agents have pledged to give 10 pounds from every house sold or managed property they let to Bristol based international development charity, Deki. Sellers and landlords will also be given the opportunity to match fund Ocean’s donation through a simple text number to increase the impact of the pledge, as part of Deki’s new ‘Bristol Businesses Against Poverty’ initiative.
Deki is the UK’s first person to person microfinance charity that allows you to choose where 100% of the money you lend goes to. Using their innovative crowd-funding website www.deki.org.uk they support entrepreneurs in the developing world to achieve sustainable livelihoods and break the poverty cycle, through the use of ethical microloans, business support and training.
Ocean founder Paul Harris’ experience as a business owner inspired his commitment to Deki’s initiative, he said; “We were really keen to support Deki – as someone who has been through the process of starting their own business; I know how hard it can be. We have signed up to a long term partnership so as we will be able to assist hundreds of people to build profitable businesses in the developing world and thereby helping them break the poverty cycle. Ocean will be donating £10 for every property we sell and for every managed property we let so with the average Deki loan being £200 we anticipate that we will be able to change the lives of at least 75 families a year – helping them secure a roof over their head and enabling them to have a future.”
Award winning CEO of Deki, Vashti Seth said, “We’re really excited to launch Bristol Businesses Against Poverty and our partnership with Ocean is a great way to kick this off. We aim to help create 7,000 new businesses in Africa and to help over 35,000 people to break the cycle of poverty over the next three years. We can’t thank Ocean enough for this great partnership and look forward to watching it grow.”
In their new long-term partnership, property owners who choose who choose Ocean will be helping a farmer in Ghana improve the quality of their crops, giving a refugee in Uganda the opportunity to set up a grocery store, or allowing an entrepreneur in South Africa to start a tailoring business.Back to news