Today we will also be joined by the winning team from the 2018-19 Investment Competition - MO'S & BROS - who completed a hat trick of wins for St Martins School.
Nantwich Rotary Club's involvement with Lend With Care
Care International is a leading aid and development charity fighting global poverty. Their mission is to create lasting change in poor communities and they put money where it is needed most. With more than seventy years practical and hands on experience their programme tackles the route causes of poverty. When disaster strikes they are one of the first to respond, ensuring aid gets to where it is most needed.
Lend with Care is a set up whereby money is loaned to an individual or small business then they repay the loan which can then either be withdrawn or re-invested with someone else. A 'hand up rather than a handout!
Nantwich Rotary have been doing this for for some 9 years now very successfully and over 120 other Rotary Clubs similarly have got into this robust international programme.
To date April 30th 2017 the Rotary Club of Nantwich have loaned £2,205 - two members have donated £1,500 in total, comprising 105 loans which has created 351 jobs, helped 1,273 entrepreneurs and 4,570 family members. To date there has been only 1 default and all loans repaid on time.
Any monies repaid is re-invested with other entrepreneurs.
Loans have recently been made to:
The Luntha Goup in Malawi to restock a general store, which is supporting many families.
Kuvuna 2 Group in Zambia to develop their local store, where local families are growing produce
Abahujumugamba Group in Rwanda, which is supporting a farming group and their families
Tigwirizane Group in Malawi, to develop their market stall to support their families and those growing crops.
Kushinga Group in Zimbabwe, to develop their clothing market stall to support their families.
Celso Gronzalao Velez Contenco Group in Ecuador for animal rearing
Vysoykandal Village, Oda Commune in Cambodia for hire of tractor and village labour supporting many families.
These are just a few of those we have made donations to.
Lend with Care Updated 18/04/2017
Watch this video to find out more about Lend With Care:
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