Borrowing money may sometimes seem like a good way to improve a person’s situation. However, if it is not done right, it could seriously damage a person’s situation. A loan shark is a person or body that offers loans at extremely high interest rates and a repayment plan that often suits the loan sharks needs. It is illegal when it is part of organised crime and something that should be avoided.
Success4All wants to be a part of raising awareness of how loan sharks operate and the negative effects it has on people and their lives. Earlier this year Success4All won £500 funding by UDecide to help us start a new project with our West End Digital Artists group (WEYDA) (for more information visit our blog at http://success4allnews.blogspot.co.uk/2013/02/udecided.html ). The money we received from Udecide was gathered from loan sharks who have been caught out. WEYDA is one of our clubs that we run at Success4All and had already come up with imaginative cartoon characters of members of the local community that they see as their heroes.
Success4All has been teaching the children of WEYDA about loan sharks and from this have created their own scenes of a loan shark in action. They have worked really hard on coming up with a script and cartoon strip which is due to be completed in September. The project has given the children a great insight into loan sharks and they want to spread that insight into the community. Spicefm, a local radio station, have been in contact with the WEYDA group and have made a short video of them talking about their new project and their knowledge of loan sharks. See the video here http://success4allnews.blogspot.co.uk/2013/02/udecided.html .
If you want to know more about our WEYDA group and what it does, visit our website at http://www.s4a.org.uk/learning-hubs-clubs/weyda/. Success4All is a community interest company and cares a lot about local people and the issues they may face. Once you have viewed the video, share it and help us spread the word!