How to Lend Money to Charities, with Holger Westphely (CAF Venturesome)

How to Lend Money to Strangers

Brendan le Grange

Business, Careers, Fintech, Management, Lending, Credit, Banking

4.9 • 43 Ratings

🗓️ 26 May 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Now, here is a topic I didn’t see coming. But why lend money to a charity, isn’t that a bit mean, to ask for your money back if they’re doing work you believe in? I spoke to Holger Westphely, Acting Head of CAF Venturesome, to find out how and why loans are sometimes better than donations.

It's very difficult to raise grant funding for anything that isn't directly related to a charity programme. Anything that has the word 'admin' in it is an anathema to many philanthropists. And that's where we come in, because we believe that a well run organisation needs OpEx, it needs CapEx… Secondly, from a philanthropist point of view, it can help the capital go further

And you can hear more of that on today’s episode. As mentioned, you can learn more about CAF Venturesome at www.venturesome.org and more about the parent organisation at www.cafonline.org

Holger also mentioned two very worthy causes in this chat, and you can learn more about both on each of their homepages - Ubuntu Pathways is at https://ubuntupathways.org/ and the Peaceful Change Initiative is at https://peacefulchange.org/

Or if it is me you're after, you can find me on my LinkedIn page (feel free to connect), and my action-adventure novels on Amazon, some versions even for free.

If you have any feedback or questions, if you would like to participate in the show, or if you'd like to find full written transcripts with timestamps head on over to HowtoLendMoneytoStrangers.Show

Regards,

Brendan

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Transcript

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0:00.0	Diversify your investments, they say.
0:02.0	Know your unicorns from your zabras, your Nasdaq, from your Nikke.
0:05.5	Thankfully, diversity doesn't have to be difficult.
0:08.3	With one simple investment, F&C Investment Trust gives you access to 400 of the world's best companies
0:14.1	and a dividend that's grown for 50 years.
0:16.6	Visit fnc.com.
0:18.2	It's smart to start with F&C.
0:20.2	Capital is at risk and you may not get back the amount invested.
0:23.3	Issued by Columbia Threadniddle Management Limited authorised and regulated by the financial
0:27.0	conduct authority, there is no guarantee that dividends will continue to grow.
0:31.0	Anything that has to work outmaning in X is enough amount to lend you the land to this.
0:38.4	And that's where we come in because we believe that the world run organisation needs OBES.
0:44.6	It may needs HAPEX.
0:46.6	It may need to build infrastructure, which it can then leverage to deliver impact and
0:52.6	its programs more efficiently, more effectively.
0:55.8	So we take the opposite approach.
1:02.8	Now here is a topic I never expected to be covering on the show.
1:06.8	Outer lend money to charities.
1:08.6	But it turns out it's a thing.
1:10.4	And as soon as you take a minute to consider why, it all makes sense.
1:15.0	Raising money on an idea alone can be hard, just ask any entrepreneur.
1:19.6	People want to see a project hold it in their hands as it were before handing over the
	...

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