The Cherry Tree Trust is a privately funded charity (charity no. 1014) established on 31 January, 2012.
Charles Pink, one of the founders and Trustee Chairperson is a career banker who spent seven years living in the Caribbean. Whilst there, he developed an appreciation for the Caribbean and a wider interest in being part of its further development.
Charles’s idea is a simple one: To foster growth by finding a way to support small businesses.
Micro business interests and entrepreneurs typically find starting out or expanding a business very difficult.
Often this is because of difficulty accessing start up or other investment capital due to the inability to provide security or verifiable trading records.
The Cherry Tree Trust contributes to job creation by giving micro businesses the opportunity to create jobs, to thrive and thereby contribute to the ongoing socio-economic development of Barbados.
The Cherry Tree Trust is a charitable organization in that while it must earn to support administrative costs the capital and seed money owned by the Trust is purely from private donations.