If you saw the first episode of the BBC 2 series Shopgirls: The True Story of Life Behind the Counter you may remember the Society for Promoting the Employment of Women.
SPEW was founded in 1859 to encourage women towards economic independence through employment and to further this aim it began to offer interest-free loans towards the cost of training.
Though now called Futures for Women, this practice still underpins its activities today. Loans awarded by Futures for Women rarely exceed £1,000 per annum. Successful grantees will be asked to sign a loan agreement and supply a Guarantor who will also be asked to sign a legal agreement. Grantees are expected to commence repayment of the loan within 3 months of securing employment. Full repayment of the loan is due within 2 years of commencing repayments.
If you are a young woman, between employment, and considering undertaking training to assist in your career and job search, consider applying for a Futures for Woman training loan
Posted on Thursday 3rd July 2014