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Organized by Beneficent Relief

Interest Free Loans for Those in Need

$8,722

raised of $10,000 CAD goal

40 supporters, 00h : 00m : 00s left
Closed
Impact: Toronto, ON
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Help us enable people to get out of high-interest debt and find financial freedom.


Interest-Free Lending, Rooted in Compassion

We are a group of volunteers running a non-profit looking for your help to provide small interest-free loans to aid people to get back on their feet. We came to the realization of the importance of such a service when we initially raised funds for a friend with credit card debt. We found people willing to help, and many more that needed the same help. Now we invite you to help relieve the strain of debt by donating generously to this campaign and sharing it so others can share in the reward.

Our Story...

It all started very informally in our last year of university, when we tried helping a friend out of their credit card debt. Reaching out to mutual friends for help, we were able to fully raise the amount to cover their debt, but at the same time others were stuck in similar situations that we did not know about. We then decided to start an interest-free lending service as an institution. Thus, Beneficent then took shape as a non-profit organization in Canada.

Since then, we have had many applicants reach out to us, and we've helped lift many out of crippling debt.


As we are receiving more applications for loans than we are donations, your help in raising capital toward the pool will enable more people to lead a debt-free life.

The Beneficent 'Pool' Model

Here's how your contribution helps others:


Mission & Vision

At Beneficent, we are dedicated to providing interest-free financing to community members suffering from short-term high interest-bearing debt, and educational tools to empower them to achieve and maintain economic self-reliance.

At Beneficent, we envision a world in which people are able to seek out financing options that are rooted in empowerment.

Meet the Team


How You Can Help:

  • Donate generously to our campaign
  • Share the campaign with others



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