SUPPORT - Financial Relief
The Impact of the Pandemic & How We Help
Did you know that in Bali, locals face loan interest rates of around 1.75% per month, totalling an alarming 21% per year? Many families borrowed from banks after losing their source of income during the pandemic and are now struggling to repay their loans under the burden of these exorbitant interest rates.
Through our Financial Support initiative, we pay off these loans and then provide these families with zero-interest credits which are more easily repayable, allowing them to regain financial control and allocate their limited incomes to essential family needs.
Your donations help us first secure the necessary funds to repay these stifling bank loans and will then later be reinvested in future charity projects.
CLICK HERE TO RETURN TO ALL OUR VIDEOS
Did you know that in Bali, locals face loan interest rates of around 1.75% per month, totalling an alarming 21% per year? Many families borrowed from banks after losing their source of income during the pandemic and are now struggling to repay their loans under the burden of these exorbitant interest rates.
Through our Financial Support initiative, we pay off these loans and then provide these families with zero-interest credits which are more easily repayable, allowing them to regain financial control and allocate their limited incomes to essential family needs.
Your donations help us first secure the necessary funds to repay these stifling bank loans and will then later be reinvested in future charity projects.
CLICK HERE TO RETURN TO ALL OUR VIDEOS
