Translate this page

English Arabic French German Greek Swahili Turkish

23 February 2025 / 24. Shabaan 1446

NEWSWIRE: Wheels of Fortune

We have started an exciting microfinancing project in the transport industry! 

We are currently working with India Federation to help young people in India start-up Uber and Ola businesses. These two companies are amongst the most popular transport providers where individuals can earn money as independent contractors by giving rides to customers.
 
The unemployment rate amongst the youth in India is particularly worrying and is one of the driving forces behind this self-sustaining opportunity
 
We intend to fund the purchase of cars for those whom we have vetted as deserving applicants and allow them to set up individual transport businesses. These car owners will receive the funds as interest-free loans, with a monthly repayment over 2 years.
 
The lifetime of the cars is approximately 7 to 9 years and this gives the owners plenty of time to uplift and establish the situation of their families. Once the loans are paid back, we intend to recycle the new funds back into the project to give new applicants a similar chance to provide long-term stability for their families.
 
For more information about this project and our previous work in India, please click here.

To donate to this cause, please click here
(search for Micro-Finance)

Related News


On Saturday 21 September 2013, over 350 people attended ‘Dreaming a Destiny 2013’ - a play about the life of Prophet Yusuf (as) held in Vancouver, Canada. The production was put on by Vancouver’s own Madrasah Az-Zahraa and performed by the students themselves.


Share this video with your family and friends to raise awareness about poverty and encourage others to make a contribution to The World Federation’s ‘Ramadhan Relief Fund 1435’. You can turn despair into hope so easily.


At around 12:00pm on Saturday 21st September 2013, as people were shopping or having lunch at the upscale Westgate Shopping Centre in Kenya’s capital, between 10 to 15 militants said to be of Somalian descent opened fire on employees and customers. A children’s day programme was also being held at the time of the incident.