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Ten Interest-Free Loans Delivered To Young People In Leicestershire

Ten Interest-Free Loans Delivered To Young People In Leicestershire

The Sir Thomas White Loan Charity is delighted to announce that a total of £121,283 has been approved in interest-free business and education loans following the latest round of interviews with applicants.

One of Leicestershire’s oldest charities, The Sir Thomas White Loan Charity provides interest-free loans to people aged between 18 and 35 within Leicester, Leicestershire and Rutland. Prospective borrowers may access up to £20,000 in order to establish or develop a business within the county (provided they live in Leicestershire and the business will also be run in the county), or £10,000 to fund postgraduate study anywhere in or out of the United Kingdom – again, provided the applicant has lived in the county for three years or more.

Of the total approved in September 2018, £81,283 will be used to establish five businesses locally, including a fitness and wellbeing studio, courier service and domiciliary care provider.

Meanwhile, a further £40,000 has been approved in the form of education loans, which will aid postgraduate study in the fields of poetry, international relations theory and finance.

Ahead of The Sir Thomas White Loan Charity’s next round of interviews, which take place in November; applications are being welcomed and can be submitted ahead of the next application deadline, which is Monday 1 October.

For more information on business loans, please visit www.stwcharity.co.uk/business-loans or www.stwcharity.co.uk/education-loans for details on education loans.

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Success Story: App Launch Well Worth the ‘Weight’

Success Story: App Launch Well Worth the ‘Weight’

With an innovative idea, a strong knowledge of the subject matter and the drive to make it happen, Simon Long had everything in place to make his start-up succeed.

With the help of an interest-free business loan from The Sir Thomas White Loan Charity, funding wasn’t a problem either.

However, when his initial business partner’s abrupt departure from the project left him needing to start from scratch, Simon’s passion and determination was put to the test; a test that with perseverance and desire, he passed with flying colours.

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Success Story: Travamigos

Success Story: Travamigos

Sat on Rio de Janeiro’s beautiful Copacabana beach during a gap year in South America, whilst taking in the stunning scenery that southern Brazil has to offer, James Wormington couldn’t help but think how magical experiences like these are often better when shared.

With that thought came an idea; a brainwave which not only grew legs, but began running, taking James on another adventure: into the world of business.

With a detailed plan in place and funding secured from The Sir Thomas White Loan Charity’s interest-free business loan, which is available to the value of £20,000, James was able to establish Travamigos – an app that allows solo travellers to connect with groups of likeminded adventurers heading for the same destination; making travel simple, safe and enjoyable for all.

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Success Story – Career Chemistry

Success Story – Career Chemistry

As soon as he graduated from the University of Warwick, Yusuf Docrat knew he wanted to continue his studies.

Completing an undergraduate degree in chemical biology, 33-year-old Yusuf, from Leicester, took on his first role within the food industry, working within a quality control laboratory. However, after circumstances saw professional development come to a halt, Yusuf took the opportunity to return to his studies – getting in touch with The Sir Thomas White Loan Charity to aid the financial implications of enrolling on a postgraduate course.

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STWLC Sponsors Designer Award

STWLC Sponsors Designer Award

The Sir Thomas White Loan Charity, one of Leicestershire’s oldest charities which provide interest-free business and education loans to young people in the county, further enhanced its reputation in supporting entrepreneurs through the sponsorship of Young Designer of the Year from Leicestershire & Rutland accolade as part of the Rotary District 1070 Young Designer of the Year competition.

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Success Story: A Lesson In Reaching Career Goals

Success Story: A Lesson In Reaching Career Goals

Continued study and the subsequent qualifications obtained as a result can be crucial in achieving a career goal, which is why The Sir Thomas White Loan Charity is incredibly proud to help young people across Leicestershire on their way to accomplishing those goals.

Jordan Cope is a wonderful example of somebody working within their dream job, thanks in part to the qualification he was able to obtain courtesy of one of the Charity’s interest-free education loans. These loans, which are now available to the value of £10,000, ensure that borrowers are able to gain vital funding so as to study anywhere in the world.

27-year-old Jordan, originally from Coalville but now based in Ashby-de-la-Zouch, knew from an early stage of his studies that he wanted to go into teaching.

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Success Story: Pushing The Boundaries of Textile Design

Success Story: Pushing The Boundaries of Textile Design

Have you ever felt restricted in your job; unable to find fulfilment in what you’re doing despite working within your chosen industry? It’s a common issue that acts as motivation for many to become their own boss, so as to maximise their potential and obtain that all-important job satisfaction.

It’s one of the key reasons many people get in touch with The Sir Thomas White Loan Charity to apply for one of our interest-free business loans of up to £20,000.

Hannah Croft was one of many people unable to feel that her job gave her the satisfaction she hoped for or expected. That was until she created her own job.

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Success Story: The Perfect Solution To Aid Solicitor’s Quest

Success Story: The Perfect Solution To Aid Solicitor’s Quest

In order to prepare for a challenging career within the legal sector, postgraduate study is a prerequisite, with any individual targeting a career as a solicitor required to complete the Legal Practice Course.

Thanks in part of an interest-free education loan from The Sir Thomas White Loan Charity, Jessica Bass was able to enrol on the Legal Practice Course in her pursuit of a legal career. Born and raised in South Leicestershire, Jessica studied law at the University of Leicester.

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Over £140,000 Approved As Interest-Free Loans To Young People In Leicestershire

Over £140,000 Approved As Interest-Free Loans To Young People In Leicestershire

The Sir Thomas White Loan Charity has approved 11 interest-free loans in their second quarterly application window, totalling £140,900 which will be used to establish or develop a new business in Leicestershire, or allow for individuals to study at postgraduate level.

One of the city’s oldest charities, The Sir Thomas White Loan Charity – established in 1542 – provides loans of up to £20,000 to aid the start-up or development of businesses within Leicester, Leicestershire or Rutland, and loans of up to £10,000 to aid local students’ postgraduate study anywhere in the world.

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Success Story – Surveying a Career Path

Success Story – Surveying a Career Path

Identifying a career direction isn’t always straightforward. For many, it takes time and life experience to realise exactly what it is you wish to do.

It’s an added benefit to continuing studies beyond undergraduate level; something that Sir Thomas White Loan Charity education loan borrower Greg Curtis can identify with.

Greg, from Oadby, knew what interested him and the kind of area he wanted to work in, but didn’t have a specific job role or specialist field in mind.

“I always had an interest in property and construction, but I did not know what direction I wanted to go in when applying for UCAS,” explains Greg. “There was such a breadth of curses on offer in a very diverse industry and it felt intimidating, as I did not want to pick the wrong career path. I wanted to explore different options and gain more experience of the industry, as well as develop a broader range of skills generally.”

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