Joon The Foundation

 

This project primarily aims to provide help and information to people who are knowingly or unknowingly trapped by loan sharks.

Loan sharks are individuals or organizations that lure people by offering loans in the form of money or other resources and then gradually trap them in a cycle of debt through excessive interest. Once trapped in this cycle, people often fail to escape due to incorrect or incomplete information.

A fearful and hostile environment is created around the individual, which sometimes leads them to unknowingly commit mistakes. Loan sharks take advantage of such situations. In many cases, people in urgent need of money sign documents without reading them carefully, either due to pressure or lack of education.

Loan sharks attract people by providing instant money during critical times of need. Later, they illegally extract money or assets from the borrower. This project aims to provide legal aid and accurate information to people affected by such practices.

We accept applications from people who are trapped by loan sharks, as well as from individuals who wish to help someone escape from such situations.

We do not interfere with government proceedings or act against the law. We strictly follow legal procedures and do not take the law into our own hands. Our role is to provide people with information on how to take loans legally and how to repay them in a lawful manner. We also provide employment opportunities to help people earn and repay their loans on time.

Additionally, we try to communicate with relevant officials regarding loan processes and seek lawful extensions or relief for people who are facing difficulties in repaying their loans.

This project never interferes with the course of law. We only provide information or legal support when requested by someone trapped in a debt cycle. We motivate people to work, repay their loans, and create options for them to do so. There are numerous job opportunities within the project at different locations that can be taken up by such individuals.


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