Kingdom Resources Ltd
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We’re here to help! Our focus is on people struggling with money problems or needing help in their journey towards employment – sometimes both.
History:
The Kingdom Resources Trust (KRT) commenced in 1988 as an initiative of South West Baptist Church (then Spreydon Baptist). Howard Taylor, then a Pastor, believed God wanted him to start an interest-free ‘bank’. He saw people in the church and wider community crippled by debt, most of it high interest. Some people had no money, others had surplus. One part of the community could help another. His dream? Interest free loans to break the debt cycle!
It quickly grew to include churches from across the city and beyond.
Within just a few months of launch, KRT had received investments of $30,500 and donations of over $6,000. Many at the time said interest free lending couldn’t be done, but with over $4m loaned out, the Trust continues to prove the critics wrong!
John Exton, General Manager, said, “Nearly 30 years later, the need for interest free loans, budgeting and employment services remains the same. Thousands are struggling to make ends meet and are caught in the debt trap.”
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