Shared Interest Inc.

EstablishedProgramming Pro

THE ORGANIZATION SEEKS TO PROMOTE SOCIAL RECONSTRUCTION IN SOUTH AFRICA AND NEIGHBORING COUNTRIES BY FACILITATING ACCESS TO CREDIT FOR LOW-INCOME BORROWERS THROUGH THE PROVISION OF LOAN GUARANTEES TO MAINSTREAM BANKS AND OTHER FINANCIAL INSTITUTIONS. AS THESE LENDERS HAVE HISTORICALLY BEEN RELUCTANT TO EXTEND CREDIT TO A SECTOR OF THE POPULATION THEY CONSIDER UN-BANKABLE, THE MAJORITY OF SOUTHERN AFRICAN CITIZENS, ABSENT THE GUARANTEES, WOULD CONTINUE TO BE ECONOMICALLY MARGINALIZED.

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Financials

$1.6M
2022 Budget
81%Program Spend
8%Management Spend
11%Fundraising Spend
81%
8%
11%