BondMason Foundation

In partnership with Kiva
About the BondMason Foundation
Micro-lending: loans that change lives

The BondMason Foundation was set up in 2015 to fund micro-finance initiatives. Here at BondMason, we believe such initiatives are key to reducing and ultimately alleviating poverty by empowering individuals and communities to create their own sustainable economic growth.

 

Our commitment

BondMason commits a portion of its net revenue into micro financing initiatives. Empowering people and small communities in developing regions.

About micro lending
Longer-term, sustainable benefits

Traditional thinking dictates that commerce and enterprise exist for purely financial returns whereas welfare and aid exist to promote positive social change. However, in recent years, the role of enterprise in enabling developing communities to drive their own social and economic development is increasingly recognised. This has fuelled a huge growth in micro-financing initiatives that provide loans and finance to individuals who don’t have access to traditional banking systems. These loans provide individuals and communities with the opportunity to use entrepreneurial enterprise to change their lives.

We recognise that aid and welfare are critical in times of disaster or emergency, however they don’t provide a viable long term strategy to deal with poverty. In contrast, micro-financing initiatives offers longer-term, sustainable benefits to the communities they serve.

Our Commitment

BondMason commits a portion of its net revenue into micro financing initiatives. Empowering people and small communities in developing regions.

BondMason Foundation and Kiva
About Kiva
BondMason Foundation’s micro-financing partner

Kiva is the BondMason Foundation’s micro-financing partner. Kiva works alongside ‘Field Partners’ who have extensive social performance strengths which seek to enhance the value of the initial loan.

One example of this is ‘Entrepreneurial Support ’which offers training and support to help individuals start, manage and grow their own businesses. Others include innovation, facilitation of savings and anti-poverty focus. 

The benefit of micro-financing initiatives such as Kiva, is that you see exactly where loans are going to and the impact they have. There is also thorough vetting and governance of the field ambassadors who are responsible for working with the loan beneficiaries.

Whereas aid addresses short term needs such as food and medical care, micro-financing looks to target the longer-term issues that underpin and perpetuate poverty in a way that is relevant and targeted to the needs of each community.

Latest news
Micro-loan updates

Fantastic news - Kiva reached  its $1 Billion micro-financing milestone in June 2107. Clients can continue to support these life changing loans by referring friends to BondMason via Refer a Friend on their Dashboard. 

Our Refer a Friend scheme plays an important part in supporting the BondMason Foundation. It is primarily through Refer a Friend that we have been able to fund micro-finance initiatives with our micro-lending partner Kiva.

To date, we have been able to fund loans in a number of different countries. When these loans are re-paid, we re-invest the funds into new micro-loans.

Loans Loans Repaid Countries supported
39 23 22
Thiara’s Group
Latest Loan
Thiara’s Group

This month we have supported Thiara’s Group, the group representative is Marame (she is standing on the far right, wearing a blue dress and raising her hand).

Marame is an experienced seamstress and will use the money from this microloan to buy poplin, thread and zips for her work.

The profit she makes from these resources will pay for her living costs, and any remaining profits will be saved for the future. 

BondMason Refer a Friend
Support the BondMason Foundation

The BondMason Refer a Friend initiative has been a key support to the BondMason Foundation, enabling us to fund a number of micro-loans through Kiva. BondMason Clients who introduce a friend to BondMason via the Refer a Friend scheme can choose to invest their £50 cash reward1 into supporting micro-loans through Kiva. 

Clients can invite friends and colleagues from the Refer a Friend section on their My Portfolio page.

1Refer a Friend Terms and Conditions.

Find out more
Let's keep in touch

Receive our latest news, articles, and helpful guides.