Karen Davies is the founder of Purple Shoots, a microfinance organisation based in Wales. She has a lifelong interest in economic development and a passion for social justice. A graduate from Oxford University, she worked in the City of London for a large accountancy firm, setting up and winding up companies for overseas investors.
Small, low interest loans to the poorest people can transform lives and level up communities, but traditional microfinance has never taken off in the UK. What’s more, Brexit dealt it a near-fatal blow.