One of South Africa’s most successful entrepreneurs, Quinton van der Burgh, has launched the #ActofGenerosity campaign to help South Africans pay their debts
With recent statistics revealing that most South African consumers are debt-ridden, serial philanthropist and entrepreneur Quinton van der Burgh wants to help consumers pay their bills.
He aspires to ease consumers’ financial strain to improve their overall quality of life.
He has encouraged individuals to share their debt-related story or that of a friend to stand a chance of having their debt paid off and to receive financial tutoring from Quinton van der Burgh himself.
READ MORE: Young people struggling to pay their debts
This entrepreneur has launched the #ActofGenerosity CSI, aimed at not only easing financial burdens of ordinary South Africans, but also teaching consumers how to live a debt-free life.
The QVDB Foundation website will feature financial experts, who will share tips on how to clear your debt and other financial needs.
The recent social media launch of the #ActofGenerosity campaign received an overwhelming response, with over 1 400 entries in the first month, given that only 23% of South Africans have money left at the end of each month.
The first beneficiaries of this great initiative were selected and announced at the launch of the #ActofGenerosity campaign on Thursday at the Capital hotel in Sandton.
READ MORE: Why we get into debt and how to get out
Quinton van der Burgh surprised the finalists by clearing all their debt.
“It was both inspiring and overwhelming to see how positive these individuals are in the face of such adversity. It’s an inspiration to see how they approach everyday life and not let these hurdles burden their outlook on the world. I cannot begin to describe how enthralled I am to begin changing my fellow South Africans lives for the better,” he says.
Guests such as J-Something, Maps Maponyane, Alex Caige and Miss Universe Demi-Leigh Nel-Peters attended the launch.