An interest free grant will only be considered & possibly made available to households that have:
  • met our specified income criteria.
  • completed & submitted our in-depth Excel or Online Budget Planner.
  • taken our 1 hr First Steps to Budgeting ​e-Workshop & obtained a certified certificate of completion.

Interest Free Grants
  • A Grant is typically worth up to £1,200.
  • The Grant carries no interest or additional fees.
  • Repayment contributions are voluntary.
  • Voluntary repayment contributions are typically made every month over a 6-24 month period.

What can a GiG Grant be used for ?

  • A typical Grant is used to purchase essential appliances, services, items or help with outstanding debt that will improve a recipients’ quality of life or help to increase their disposable income.
  • In practice, what is considered “essential” is assessed on a case-by-case basis.

How are GiG Grants provided ?

The payment is typically provided to the recipient as an Electronic Fund Transfer (EFT) 
​Our terms of lending
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​“If you lend money to one of my people among you who is needy, do not treat it like a business deal; charge no interest " -Exodus 22:25
Regrettably the world today operates in completely different realms than to God's when it comes to the lending and borrowing of money. God's word sets out clear and high standards of adherence on both lending and borrowing.

In the bible, debt is referred to as "slavery"  and when we loan money to someone, we increase that person's burden and make it easier for him to stumble. 

But as Christians, we are urged to lend to those who are in need, to lend to the poor, extending God's grace without enforcing anything in return.
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Therefore our motives of lending should be pure, seeking God's word and not financing the wants and desires of today's society. 

The Bible is also very clear that when we make the important decision to borrow, we are obliged to pay back the whole debt.  

How GiG Grants can reduce Poverty Premium, generate and increase disposable income.

Once we have successfully built a household budget plan with the individual /household and seen that it is balanced and sustainable, we can then look at ways of helping and to reducing their Poverty Premium.

This could be by means of an interest free grant up to a maximum amount of £2,000. This payment can be repaid by voluntary contributions over a maximum period of 24 months. GiG fully assesses the ability to contribute by voluntary donations to the charity and estimates the amount of savings to be made prior to offering this resource.

Here are a few examples in which a GiG Grant could help a situation.
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  • Paying off existing high cost credit
  • Qualifying for the best insurance deals by paying for them in full rather than monthly installments
  • Purchasing essential electrical or household items
  • Avoiding high cost credit
  • Avoiding expensive high street rent-to-own companies inflicting huge & unfair annual interest rates
Donate today to help fund the Interest Free Grant Scheme