Saving From Poverty

Saving from Poverty(SfP) began work in 2005 for the purpose of helping UK organisations, public and private sector, tackle their own reasons why customers facing poverty also face larger bills than others and at the same time cost organisations far more to serve.

We have evaluated this annual poverty deficit at over £2billion, at a time when efficiency is being sought and household bills are escalating. The solution is to use existing services and networks that people trust, establish a not for profit payment aggregator and assure debtor organisations that payments are being managed with the regularity of direct debits for customers who might always be beyond the demands of even basic banking.

As we launch the social enterprise that will drive forward this shared service, you can contact us for more information and offer support, make use of our library of published reports, or comment through our SfP blog site..

SfP became a social enterprise in the form of a Community Interest Company (No. 7241338) on 4th May 2010. Our prime early purpose had been to petition for widest possible retention of the Post Office card account, which was achieved from winter 2008 onwards. Now we are engaged in making any new weekly budgeting service, ideally through post offices, fit for the purpose of tackling the reasons why the poor pay more.