Lend With Care

The Rotary Club of Malvern is celebrating a landmark charitable achievement as one of hundreds of Rotary clubs from across the country to contribute over £1 million to Lendwithcare, a microfinance charity which enables people in the UK to make small loans to entrepreneurs from poor communities around the world.

Since October 2011, Rotary clubs across the UK have been raising funds to make small loans to entrepreneurs in developing countries, enabling them to start or expand their small businesses and work their way out of poverty, feed their families and send their children to school.

Since January 2016 The Rotary Club of Malvern has lent a total of £11925, contributing towards the national £1 million landmark, with the club loaning to over 250 entrepreneurs in 11 countries.  

Club President Paul Barker said “Rotary Club of Malvern are proud to be a part of this fantastic initiative. Lendwithcare is a great way to help people out of poverty. You see exactly who the money is going to, and what they will use it for.”

“The entrepreneur uses the funds to help them to earn a living, often employing family members and neighbours as well, helping to lift their communities out of poverty. They pay the loans back, which can be re-lent to person after person.”

 Paul Barker continued: “The Rotary Club of Malvern has a proud history of fundraising for charitable causes through community events, and Lendwithcare is a fantastic cause very popular with our members.”

 “Local people have given generously and it’s testament to their generosity that we’ve jointly managed to reach an incredible £1 million. And that money will keep being re-lent and re-lent, translating into many millions of pounds worth of loans over the coming years.”

 Head of Lendwithcare, Tracey Horner, added: “Through Lendwithcare, Rotary has helped change the lives of more than 5,000 entrepreneurs around the world so far. We’re grateful to every Rotary member who lends their time and energy to raise funds to lend to people trying to earn a living in some of the most challenging environments in the world. It really is life-changing for the people we work with, and we want to extend our huge thanks to Rotary Great Britain and Ireland, and everyone at Rotary Club of Malvern.”

 Rotary Club of Malvern has assisted entrepreneurs such as  entrepreneur Ms Sophy Long a farmer in Cambodia, whose main crop is rice, but wanted to increase her income for her family so she requested a 12 month loan in order to buy a cow for raising at her home. She will feed the cow grass, she will look after the cow for around 24 months for preparing it so that she can sell it over to make a good profit.

 Anyone can make a loan through Lendwithcare, or buy a Lendwithcare voucher as a Christmas gift. Loans start from £15 and will typically be paid back over 6-12 months. Follow Rotary Club of Malvern’s footsteps and visit www.lendwithcare.org to make a loan and change a life.