Local residents, charities, community and voluntary groups, schools and statutory agencies can apply for grants of up to £5,000 for activities that highlight the dangers of Loan Sharks and have a positive impact on their communities.
The Illegal Money Lending Team encourages bids from multiple organisations working together who can each bid for £5000 to put towards a collective project.
The Stop Loan Sharks Community Fund is made available from money seized from convicted loan sharks by the England Illegal Money Lending Team (IMLT). Organisations will need to demonstrate the positive impact their project would have on their community, and how their project contributes to delivering the IMLT’s priorities which include:
- Contributes to raising the awareness of the dangers of using loan sharks
- Prevents crime and disorder and publicises the Stop Loan Sharks message
- Promotes the work of the Illegal Money Lending Team (IMLT) in communities
- Encourages reporting of loan sharks
The deadline for applications is midnight on the 30th June 2021.