Project information

Help create a world of opportunity, not poverty.

Our aim over the next year is to increase the number of entrepreneurs we support in Malawi and Ghana by providing loan capital for environmentally sustainable agricultural businesses.

December 2015 - December 2018

Charity information: Deki

Deki logo
  • Need

    Need

    In Malawi, many people struggle to support their families because of a lack of opportunity. Remote areas have no electricity, no running water and are severely affected by HIV/AIDS. In Northern Ghana, soil is poor and lacking in nitrates. Increasingly, farmers suffer crop failures and struggle to achieve a sustainable income. In both countries, public services and other relief efforts are very limited. Most individuals lack the access to banks or loan capital necessary to start a business.

    Solution

    Deki provides much needed loans alongside a carefully delivered training programme. We support entrepreneurs with the skills and resources to ensure ongoing health, education and financial stability. For every entrepreneur supported by a Deki loan, five other members of the community benefit. In Malawi and Ghana, Deki works to support a diverse loan portfolio including environmentally sustainable agricultural businesses. Deki entrepreneurs are able to work their way out of poverty.

  • Aims

    Aim 1

    Deki will support 250 environmentally sustainable farming entrepreneurs in Ghana and Malawi.

    Activities

    » Deki will fundraise for loan capital in Malawi and Ghana through social media, the Big Give Christmas Challenge and our crowdfunding website.

    Deki will provide £20,000 in loan capital through our peer to peer crowdfunding website o support 250 entrepreneurs to start sustainable farming businesses in Malawi and Ghana.


  • Impact

    Impact

    Entrepreneurs who start businesses with a Deki loan receive training and support through our field partners. Deki entrepreneurs provide a sustainable future for the community by supporting children to stay in education longer, employing additional people in their businesses and saving for their own future. Deki will be able to measure the success of the project by sending a Fellow each year to Malawi and Ghana to collect quantitative and qualitative impact data which will be shared widely.

    Risk

    There is a risk that we fail to meet our £20,000 target. We have dealt with this risk by making this commitment in line with our sustainable growth plans in lending, which our current projections support. Deki has also made investments in people, including a Marketing Assistant, whose role focuses on social media to increase lending. We have also recently appointed a Fundraising Director, whose responsibilities are to increase core funding and lending.

    Reporting

    Deki works with a volunteer photographer who visits Malawi and Ghana and takes images of many of our entrepreneurs. Likewise, Deki is initiating a Fellowship Programme that will allow us to collect meaningful impact data to feed back to all of our donors through our website and annual report.

  • Budget

    Budget - Project Cost: £20,000

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      Amount Heading Description
      £20,000 Lending Capital Deki aims to raise this lending capital through the Big Give Christmas appeal and on our website
  • Background

    Location

    In Malawi, Deki works to support farming and fishing businesses in an area called Usisya, on the north shore of Lake Malawi. This remote area has no electricity, no running water and is severely affected by the AIDS epidemic. Public services and other relief efforts are very limited. In Upper West and Upper East Ghana, the majority of people here live in remote areas and rely on agriculture to make a living. Increasingly, they suffer crop failures due to desertification.

    Beneficiaries

    In Malawi, Deki focuses on the most vulnerable groups: people with HIV or AIDS, people caring for those with HIV or AIDS, people caring for orphans, and female-headed households. In Ghana, Deki supports agricultural businesses run by both men and women, who often support multigenerational family members.

  • Why Us?

    Why Us?

    Since 2010, Deki has worked to build long term relationships with field partners who know their local community well. As the UK's first peer to peer crowdfunded microfinance website, we have the proven track record of being able to link ethical investors in the UK with entrepreneurs in developing countries to help them work their way out of poverty.

    Read more about the Charity running this project.

    People

    Vashti Seth

    Founder and CEO of Deki.

    Dawn Heuff

    Fundraising Director

    Bryony Spooner

    Marketing and Communications Director