Lend with Care is an initiative of Care International UK, which helps small entrepreneurs to get their foot on the first rung of the ladder towards setting up their own business. The small loans handed out by the supporters of Lend with Care enable people in the developing world to provide for their families, send their children to school and find their place within their community.
Our Rotary Club has been a member of Lend with Care since 2014, during which time we have made nearly 600 loans, helped over 3,000 entrepreneurs and,thereby, supported approximately 15,000 family and other community members. Repayment of loans is ongoing and only 9 entrepreneurs have defaulted since 2014. Once a loan has been repaid, we put the money back into the system to help the next person.
Since 2023 we have made around £700 of non-refundable grants for the purchase of climate-friendly cook-stoves.These operate in slightly different ways, but all help to reduce the need to forage for fuel, lower carbon emissions and improve living conditions. In Chad the stoves make use of solar energy.
Over the lifetime of the Club's involvement with Lend with Care, we have used around £600 of our credit to donate to the work of Care International.
One example of an entrepreneur who has benefited from Lend with Care is Vilma from the Philippines, who has a small business selling grocery and household items. She has had one loan, which she has repaid. She now needs a further loan to restock her shop and grow her business. Vilma is just one person, multiplied many many times over, who is grateful for the support we can give.
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