Lendwithcare brings together entrepreneurs in low-income countries with the people that have the power to help them - people like you. Run by CARE International UK, one of the world's leading poverty fighting organisations, Lendwithcare is a revolutionary way for you to help people to work their way out of poverty with dignity.
Here's how it works:
1) It starts with an idea
From launching a scrap recycling business to diversifying crops and everything in between, entrepreneurs living in low-income countries are bursting with ideas - all they need is a helping hand to get started.
2) The entrepreneur requests a loan
Entrepreneurs approach one of Lendwithcare's local development partners for a loan. If their plans to invest in their business show promise, their loan is approved and they'll have the go-ahead to get started.
Most Lendwithcare partners charge interest on loans to help cover the high operational costs associated with reaching low-income customers with small loans. More information is available here.
3) You lend to an entrepreneur
The local partner adds the entrepreneur's profile to the Lendwithcare website where they will join other entrepreneurs from different locations across the globe. You can browse all entrepreneurs available for funding and choose which promising business idea you'd like to support.
4) The entrepreneur’s business grows
After an entrepreneur receives their Lendwithcare funding, they will get to work starting or growing their small business. We try to keep all entrepreneur profiles updated so you can see how their business is progressing.
5) Your loan is repaid
Entrepreneurs pay back their loans in instalments to local partners, who in turn transfer these repayments to CARE International. We then credit the repayment to your Lendwithcare account. Please note that most of the loans you choose to support will have been distributed in local currency. Repayments will be subject to currency exchange fluctuations. More information is available here.
6) You decide what happens next
When a loan is repaid, the vast majority of lenders will choose to make more loans, helping more low-income entrepreneurs to turn their hopes for a better future into reality. You can also withdraw the credit if you wish or make a donation to support Lendwithcare's operating costs and other important poverty fighting initiatives from CARE International UK.
'What We Do' Main Pages:
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