Business Category: Charities
Purple Shoots is a registered charity that tackles poverty and unemployment in Wales, encouraging entrepreneurship, independence and self-reliance. This is achieved through:
- Microfinance: small loans to individuals who are unable to access finance from other sources. The loans are used to start or run a small business. 96% of clients are on benefits at the time they receive a loan.
- Self-reliant groups (SRGs): support to create groups among those who are left behind by the economy and society. Typically group participants are deeply disadvantaged and far from employment. The groups create an enabling environment which allows their members to reach their potential, rebuilding confidence, developing skills and income generating ideas or preparing them to seek employment or training.
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