Why do people support Trust Leeds?
“Trust Leeds has the potential to disrupt how finance is accessed by investing in financially excluded entrepreneurs at a very local, community level as we face into the economic challenges ahead, Trust Leeds’ business support and loans will be vital for those who want to follow their passion and start a business but have long felt locked out. Trust Leeds also provides a way for those wishing to help out to ensure their money is making a big difference. We’re proud to have this innovative model as part of the Responsible Finance membership.”
“I love to hear about the different people that Trust Leeds is supporting, and I’ve really enjoyed listening to the business pitches of members on the Be Your Own Boss programme: very impressive women working to create opportunities, income and self-esteem for themselves and their families.
I donate to Trust Leeds because I understand that they make lives better, and support people facing hardships to lift themselves up. I believe in the philanthropic foundation of Trust Leeds and I’m proud to support this hard-working social enterprise.”
I give my time and money to Trust Leeds for reasons of the head and the heart. I really appreciate that for every £1 Trust Leeds spends on its micro-finance activity, the social return on that investment is £13.20.
These values were generated through the CDFI Economic Impact Tool, developed by the Community Development Finance Association, and supported by Citi.
In September 2020, the external evaluator assessing the impact of the work of Trust Leeds concluded: “The most prominent theme was members’ wellbeing, members spoke clearly about the way their membership of their SRG positively impacted their wellbeing. There were clear benefits to members’ mental health, with increased confidence and self-esteem, distraction from everyday worries and problems and the value of the SRG to provide structure in their lives. Members felt less isolated and enjoyed socialising with their group. They often talked about the fun and laughs they had within the group and at events. Members talked about the group as an extended family. The mutual support, friendships and networks which have arisen from the groups was apparent.”