Beneficent

beneficent was created to serve our community by lending money to those in need of financial assistance, while avoiding interest-related debt. at its current stage, beneficent exists to free individuals of crippling short-term debt, such as credit card bills or outstanding fees as a result of recent job loss. we also exist as an educational organization dedicated to teaching personal finance fundamentals and discouraging overreliance on debt, rather than simply providing a short term solution to an ever-growing problem in our society - heavy debt burdens worsened by compounding interest. by leveraging islamic teachings on finance, such as prohibitions on interest-based transactions, we aim to strengthen our community by building strong networks and encouraging self-reliance in a communal setting. we believe this service is not only important, but necessary, and we appreciate the support we receive from all those who are involved in our cause.