The Sir Thomas White Loan Charity is delighted to announce that a total of £89,000 has been approved in interest-free loans to people throughout Leicestershire and Rutland.
Based at Friars Mill in the heart of Leicester city centre, The Sir Thomas White Loan Charity provides loans of up to £20,000 to new and developing businesses within the county, in addition to loans of up to £10,000 to individuals wishing to study for postgraduate qualifications.
The Sir Thomas White Loan Charity is pleased to reveal that a total of £114,560 has been approved in interest-free loans in December 2018, which will be used to establish or develop four businesses within the county and allow a further eight individuals the opportunity to study for postgraduate qualifications.
Among the business ventures to benefit from the interest-free loans provided by The Sir Thomas White Loan Charity are a personal trainer, a fashion brand designer and a creative business.
Meanwhile, students successfully accessing an education loan from the Charity will now go on to study in the fields of audio production, law, and training to become an associate physician.
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.
Each business has a story behind it. Some are complicated, whilst some others may be pretty straightforward. However, the one thing that all business stories will have in common is that they are driven by individuals; a personal account of how drive, determination and planning overcame challenges, trials and tribulations.
Sometimes an individual can emerge from a business story more inspirational than the business itself. De Montfort University Global MBA student Jane Hearst is a perfect example.
The 24-year-old joint-winner of the university’s 2018 Pitch2Win competition, which The Sir Thomas White Loan Charity proudly sponsors, was forced to overcome personal challenges before she could even focus on creating her business idea; a business idea which in itself is deeply personal to Jane.
Jane is the CEO of The Curious Observer, whose primary service is called Glimpse. Glimpse uses film production as a way of providing individuals with a life guidance service, culminating in a shoot and shareable product. The result is a form of narrative therapy, which Jane herself admits proved to be personally beneficial.