Founder of Argid hoping IoM will be 'test bed' for concept
One of the UK’s first ‘altruistic lenders’ says it’s aiming to improve the lives of the ‘under-banked and under-served’ on the Isle of Man.
Argid has been launched here – the peer-to-peer lending company describes itself as an alternative to pay day lending.
It’s been inspired by the 2016 Ken Loach film ‘I, Daniel Blake’ which told the story of a man who was denied benefits despite being declared unfit to work.
Founder Saqhib Ali says at a time when cost-of-living is high he’s hopeful it will support the financially vulnerable:
Pub's inclusive toilet signs vandalised
£100K cash injection for energy efficiency scheme
DoI has change of heart over seaweed clearance in Laxey Harbour
Ramsey Commissioners seeking four new people to join board
Teresa Cope: Island's healthcare 'needs to look very different in 10 years' time'