T4K loans scheme partnership
Brighton charity, Thousand 4 £1,000 (T4K) is partnering with Wave Community Bank to provide a unique, affordable, sustainable loan scheme for T4K’s clients.
T4K works with people who are the target of the Hostile Environment. Many of these people have been through the asylum system, most have no access to benefits, and some are on incomes too low to meet their needs or are unable to access credit. T4K’s clients are unable to meet the fees for immigration applications and without the charity’s support these people face destitution; they face losing their homes and families.
In July 2018, T4K were granted £20,000 from the Guardian and Observer Charity Appeal via a fund administered by NACCOM. With the money, T4K will issue their clients with interest-free loans to help spread the cost of immigration applications. The loans will be administered by WCB who run similar schemes with NACCOM sister member, Voices in Exile.
About the funds for this project
The capital funding of £20,000 for this project was granted by the Guardian and Observer Charity Appeal via NACCOM, a network of 55+ accommodation providers working with people facing destitution.
NACCOM was awarded just over £500,000 through the Guardian and Observer Charity Appeal (which ran from December 2017 to January 2018). The majority of this was then distributed to Full Members via a grant process.
For more information about NACCOM visit www.naccom.org.uk.
For more information about the Guardian and Observer Charity Appeal visit https://www.theguardian.com/society/guardian-and-observer-charity-appeal-2017
The more members we have the more we can share
We have a professional team managing your community bank and our staff are on hand to assist with applying for a loan.
It's quick & easy to apply for a loan with us:
We have a professional team managing your community bank and our staff are on hand to assist with applying for a loan.
Contact Us
0300 303 3188
info@wavecb.org.uk
Tisbury Road Offices, Hove Town Hall, Tisbury Road, Hove BN3 3BQ
Opening Hours
The office remains closed to the public however our phones are open Monday to Friday between 9.30am-1.00pm and we continue to monitor our emails between 9.30am to 4.00pm