Showing posts with label WhyILend. Show all posts
Showing posts with label WhyILend. Show all posts

Why I Lend: Compassion

Lendwithcare lender, Ia Uaro, tells us why she lends

 
 
© CARE
“I shall pass this way but once
therefore
any good that I can do,
or any kindness that I can show,
let me do it now!
for I shall not pass this way again.”

A version of that was written by a thirteenth-century Courtenay ancestor, Edward, Earl of Devon. Many people love this poem. I don’t know what they do with their love, but my protagonist says love is more than just a feeling. Love is a drive, a force to act! Many hearts are moved when they see sufferings.



GRANDPA
 

My maternal grandpa was born in 1900, in a very beautiful green village by a forest-covered majestic mountain. Close to the equator, it was sunny during the day; but at the village’s altitude of 6000 ft, it was very, very cold at night. Grandpa knew what cold was, because he came from a poor home.

Grandpa was an angry boy. He was way too smart for most of the people of his time. There was a school in the village, but he was forbidden to attend it. His father and uncles said he would grow up to work the fields like them, and do what they do because that’s what all the men do. Their people were strongly matriarchal. Women had been heads of the big houses for centuries. Only girls could inherit. Men? Men worked for them. Or moved away to other lands.

Seven-year-old Grandpa had to work shepherding goats and lambs when his father and uncles were at work. Grandpa soon figured lambs and goats were too stupid to run away, so he spent his time peeping through a class-room window, because he was dying to learn to read. One morning the teacher caught him, and told him he was allowed to sit in the classroom for free.

Young Grandpa was very proud. At school there was Grandma, a horrible, most annoying kid of his age who was already a landlady because her mother had died, poisoned by a rejected ex-suitor. Young Grandma used to make fun of Grandpa’s social status, telling him no matter how well he read and write, he would end up working the fields. They argued constantly. Once Grandpa’s family overheard that Grandpa had been attending school. Busted, Grandpa was banished to another mountain, far far away from home.
But nobody – nobody! – could stop Grandpa’s quest for learning. And when there’s a will, there’s a way…

Grown up, Grandpa returned to his home village, where he proceeded to send many kids to school. He was regularly seen talking to young food sellers in the market, asking them whether they’d like to study instead. If yes, he gave them scholarships. Grandpa assisted their parents financially in their business, so that these children didn’t have to work. I’ve met school principals and scientists who owe him their education.

DAD

My father was born as the son of a well-off butcher. When he was eight, my paternal grandfather adopted a brand-new religious view, and this caused the whole town to boycott his business. Restaurants and retail shops conspired to place their orders as usual, pleaded to delay the payment, but in the long run refused to pay my grandfather the money they owed him altogether, unless he give up his new beliefs. And there was no such thing like law in that town.

In short order my grandfather’s business took a nosedive. The family lost several of their properties to pay the cattle suppliers, my grandfather became very ill, and the family fell into poverty.

Dad used to reminisce of how, before going to school, he had to sell breakfast food prepared by his mother. At the age of ten, a horrible incident happened. A tiny wall lizard, common in the tropics, had the audacity to jump into the food, but his mother—who was so tired looking after her sick husband and the whole family on her own—did not see it.
Dad ended up feeling SO embarrassed when he served the lizard to his most generous customer. Right away Dad left home to get to his married sister who lived a thousand miles away. This elder sister had been ignoring Dad’s letters from home about the change in their family circumstances, because she could not believe it. Dad collapsed at her door, starving after not eating at all during his three-day bus journey, saying, “Please help Mummy!”
Dad did not live long. But in the short time I was with him, I watched how he was constantly active helping the poor by setting up small businesses for them, although he himself was a busy accountant. He did not only talk about compassion. He acted.

MY ELDEST SON

My son visited me last February, right after his holiday in the Philippines, horrified by the poverty he witnessed there.
“There was this woman with a son about ten-year old. They were scourging food rubbish, looking for something to eat. And people nearby just continued shopping, ignoring them! When I tried to help, my friend would not allow me to donate a lot of money, because these two would end up being robbed by the nearest crime gang.”

OTHER AUSTRALIANS

Many hearts are touched by news of sufferings. A large number of Australians are regular supporters of various charities, and many more jump in to help disaster-relief efforts. Compassion knows no political or religious boundaries. In this global era of ours, we can support people in need easily.
 
WHY I LEND via Lendwithcare

When I first heard of Lendwithcare, my first thought was, “Compassion.” My second thought was, “What a great idea!”

I had lost a large fund elsewhere last year, because I could not guide the people I lent the money to until they could stand on their own feet. I did not have the expertise. I did not have the time, nor the means to monitor the businesses. How I wish I had known LendWithCare earlier! While I still donate to others in need as gifts, I now lend via Lendwithcare, knowing my fund will continue to eliminate poverty and ease sufferings, one after another.
 

So how much is needed to lend?
As little as £15.
 
You can always add more of course. Save £1 a day, and in a fortnight you can support another project.
 
 
By, Ia Uaro, lendwithcare lender.
 
About Ia Uaro
Hello. I am Ia Uaro and I write real-life socio-fiction. Former teenage writer, petroleum seismologist, translator, I now do several kinds of volunteer work. Please read about my upcoming novel SYDNEY'S SONG on my website. and visit the Guestbook. You can also contact me on Facebook and Twitter.
 

Why I Lend: To help out business owners from across the globe

Lendwithcare lender, Ffion Davies, founder of PR company Espressivo Creative, tells us why she lends …




Gilda Valerio, an entrepreneur from the Philippines supported by Espressivo Creative

© CARE


Being an entrepreneur can be extremely rewarding, but also, ridiculously lonely at times. When a fellow entrepreneur creates an alliance with another, there’s a new bond being created, an alliance, if you will, and it’s rather quite special.



What’s more special is that here at Espressivo Creative, we’re not only creating alliances with other entrepreneur’s on nearly an every day basis, but we’re proud to be helping out business owners from across the globe who don’t get the privilege to receive as much help as we do over here in the UK. We’ve got a tonne of information at our disposal to aid us with business related queries and issues we may come across, especially when it comes to funds. However, not everyone in this world is as lucky as we are.


We’re currently working with not 1, not 2, but 3 different businesses from some of the poorest places in the world, where people are just trying to start their own ventures in order to stand on their own 2 feet, although I can’t stand that overused clichĆ©, it’s exactly what they’re doing. And how are we doing that? Well, we’re a member of lendwithcare.org, who provide micro loans from people just like you and me who pledge to help other ambitious people to get their businesses started.


This isn’t a donation, but a loan, where we treat our fellow entrepreneur’s with respect, just like we’d like to be treated too. We’re not offering hand outs but a solution to get their brand new business started and giving their lives an extra dimension. I’m proud to say that we’re part of enabling business growth in some of the poorest areas in the world.

Thank you lendwithcare.org for allowing us to help!



By lendwithcare lender, Ffion Davies








Why I Lend: to help secure a happier future

Lendwithcare lender, Daniel Openshaw, tells us why he lends ...

Srebrenica Memorial
© CARE/Jon Spaull
I started to lend with care on the day that Ratko Mladic was put on trial in The Hague for genocide, war crimes and crimes against humanity during the Bosnian war, 1992-95. Mladic's alleged atrocities rank amongst the worst in living memory; certainly they typify for most people the pointless horrors and bloodshed of war. He became known as the 'Butcher of Bosnia' by the media who love a nickname no matter how much it tends to trivialise the nature of heinous acts, but there was nothing trivial about Mladic's repeated slaughtering and raping under the guise of Serb nationalism. His most infamous attack was on Srebrenica, a Bosniak town under supposed UN protection in 1995 where he rounded up Bosniak boys and men and over five days his forces shot dead more than 7,500 before burying them in mass graves.




Imagine living through this regime. Imagine the fear. Simply because of your ethnicity, who you are, how you were born, you might get shot, tortured, or raped. You might have to watch people you love be shot, tortured or raped. This must have been the reality for every civilian living in Bosnia at the time but as is always the case, women are disproportionately affected by the horrors of war. It must have been hell. And what's more it all happened in living memory.

Entrepreneur Mirjana Tadic
© CARE
Lendwithcare entrepreneur Mirjana Tadic is 43. When the war started she would have been 23. If it is hard enough to imagine living through the terror of war, the terror that a monster like Mladic could force his way into your village and your home at any moment and basically do as he pleases, then imagine trying to rebuild your life afterwards. I find the prospect incomprehensible. However, Mirjana's story is that of a fairytale: a widow bringing up her only son, selling the milk that their cow produces to survive. There are certainly parallels with a certain beanstalk related fable but in this real-life story Mirjana has dreams and she is taking control of them, she doesn’t want to have to steal gold from a giant in the sky in order to achieve them. They are not surviving off the cow, she already has a job, but she is an entrepreneur who wants to buy another cow and use the extra income to build a better life for her and her son. Mirjana is prepared to work hard, but she did need some help - some magic beans if you will - to get started. She needed to borrow £948.66 to buy her second cow, she wasn’t asking for the world and she wasn’t asking for it all from one person. I lent her £15 and what is more she is determined to pay it back. I’ve since heard that Mirjana has been fully funded.

Whilst Mladic was facing his demons in The Hague, Mirjana was bravely looking to the future. Lending with care to her was the least I could do to help secure a happy ending for her fairytale.

By lendwithcare lender, Daniel Openshaw

Why I Lend: to re-design the system

Village Savings & Loans group, Sierra Leone      
© CARE/Jenny Matthews
Why do you lend?

Like many of the services available to us in today’s ‘modern’ society, financial services are disproportionately enjoyed by the privileged.

Nearly two-thirds of the world’s adult population are left out from the existing banking world and as such, a system is being perpetuated that suits the needs of the well-off and by consequence excludes those less well-off.


As Muhammad Yunus astutely pointed out at a recent talk on bringing microfinance to developed economies like the UK’s: “Poverty is created by the system and the system imposes poverty on the poor – the system needs to be re-designed.” And this is why I lend. For me, microfinance is one very effective way of trying to change the current system. By re-designing financial services to meet the demands and needs of the poor (i.e making them affordable and accessible) we not only highlight how the current system is faulty but we also give poor people the tools to increase their income, protect themselves against emergencies and ultimately lift themselves out of poverty.

By lending even just a small amount, my money, combined with that of others who are also trying to make a change, can have a powerful impact. Since our money not only directly funds the loan of a working poor person but also enables lendwithcare’s carefully chosen microfinance partners to extend their outreach into more vulnerable communities and expand their services. By transferring interest free capital directly to entrepreneurs seeking funding, lendwithcare reduces the pressure on the microfinance institutions to seek external funding (which often comes with high interest rates) and frees up the capital they do have, allowing them to provide more loans as well as a more comprehensive and tailored financial service.


Nouriatou, a Togolese entrepreneur      
© CARE/Emilie Bailey

For example, Ama Kessenge from Togo lives in a remote neighbourhood outside of AtakpamƩ. She can rely on loan officers from microfinance organisation WAGES to visit her home rather than make the long and time-consuming journey to their office herself. Or Rosalina Montellen from the Philippines who was able to set up a deposit account with the microfinance organisation, Omaganhan Farmers Multi-Purpose Cooperative. She can now save for her future, protecting herself and her family against financial emergencies. Not to mention the scores of microentrepreneurs who with access to small amounts of credit can start or expand income-generating activities and subsequently create sustainable livlihoods.

It doesn’t make sense to me that the world within which we live does not allow our most vulnerable citizens to create some sort of financial stability for themselves. So in an attempt to address the growing discrepancy between those that have and those that have less needing to rely solely on charity, I lendwithcare.

By Nancy Thomas, assistant at Lendwithcare.org

Lend with care - lend for women

© CARE
Why do you lend?

It was a statistic quoted far and wide in the past month, yet it remains shocking: women do two-thirds of the world’s work, yet earn only 10 per cent of its income and own a mere one per cent of its means of production.[1] As we look back on International Women’s Month, it is important to continue to remember and support women worldwide who struggle for their livelihood year round.

77 per cent of the entrepreneurs we support at lendwithcare are women. So why is lendwithcare proud to work with so many women and why does this drive so many of our lenders?
For many of our lenders, both men and women, lendwithcare offers them a way to help bridge the gap between the sexes. Indeed in a recent poll our lenders said that gender was the most significant factor they consider when deciding which entrepreneur to lend to. As one lender, Lucinda put it: “In many countries girls and women do not have such a fortunate start in life. Microfinance goes towards equalising their chances.”

This is especially significant for the 60 per cent of our lenders who are also women; many lend through an empathy that stems from a shared role in life and the similar disadvantages they may face. Another lender, Erica said: “I lend because I feel very strongly about helping women whose lives are made hard purely for the fact they are women. Women shoulder the effects that war and poverty have on communities, but they have to remain strong to feed their families.”

Most of our entrepreneurs are driven by a desire to provide a better life for their families – such as Enisa Skender who used her savings to buy a greenhouse where she now grows vegetables so that she can support her husband who is ill with an inflammation of the brain. Enisa is from Bosnia & Herzegovina where lendwithcare is working with helping women, many widowed, to rebuild their life in the aftermath of war by working with the MFI Zene za Zene which lends exclusively to women and is part of the wider Women for Women International network.


Marina Zavala © CARE
This sense of solidarity was most apparent at The Co-operative's event for International Women’s Day, where CARE International was promoting the campaign Walk in her Shoes. With empowerment for women high on the agenda for both CARE and The Co-operative, stories of juggling jobs and children were abound from speakers as varied as Fairtrade producers to Paralympic athlete Sophie Warner. Their stories echo many of our entrepreneurs who battle against the odds. One example is Marina Zavala from Ecuador who despite losing her legs in her fight against polio, looks after her four children and runs her business raising and selling livestock – now thanks to a loan from lendwithcare.

The issue of female empowerment and social mobility is currently being publicised by the many supporters participating in CARE’s Walk in Her Shoes campaign. By walking 10,000 steps a day, they do so in solidarity with the women around the world who have to walk for hours every day simply to collect the water and firewood they and their families need to survive. What is more, the weight of what they carry home can often way more than 20kg – the equivalent of the UK’s baggage allowance.

Yet the burden that these women carry is more than physical; it leaves them with little time, energy or simply the self-belief they need to enter into education or employment. Developing a business can offer such women a chance to work their own way out this cycle of poverty.

The impact of their business does not end with the individual woman who takes out the loan. Studies have shown that providing a loan to a woman can be especially transformative because they spend a greater proportion of their income on their household than do men. The advantages are more than financial –the business can bring increased self-esteem and mutual respect within families and communities.

As lender Susan described: “I lend because this is a practical way of empowering women.  Not only am I providing funds for women to escape the poverty cycle, but also an opportunity for them to improve their home life, increase their business skills and portray a positive role model to their friends and family.  My loan may be to one impoverished woman, but the benefits of that loan spread throughout the entire community.” Make a loan to a woman therefore and you are not only offering a helping hand to her, but to the men, women and children around her.

Why do you lend? Tell us in your ‘Why I lend’ statement in your profile. Guest blogs are also very welcome – email info@lendwithcare.org if you would like to write a blog about why you lend.

By Emma Howard, assistant at lendwithcare.org


[1] http://www.care.org/getinvolved/advocacy/pdfs/whyempowerwomen.pdf

I Lend Therefore I Am

A New Blog Series


© CARE/Emilie Bailey
If we identify ourselves through our thoughts, how much more do we through our actions? We are always inspired to find out why our lenders take action and lend. One such lender said quite simply ‘I lend therefore I am’. Catchy phrase it may be, but there is a philosophy behind this that resonates with our lenders.

People choose to lendwithcare for many different reasons. For some it is an act of humanitarianism or a matter of combatting materialism, others are driven by their faith. Women want to help other women; entrepreneurs want to help other entrepreneurs. In this blog series, we hope to discuss some of these and would love to hear from you if you would like to as well. If you are interested in writing a guest blog about why you lend, get in touch.

“I think therefore I am.” These are the famous words of the philosopher RenĆ© Descartes. In making this declaration, he laid down the principle that because we know that we think, we know therefore that we exist. Descartes’ principle acknowledges the importance of recognising our own identity, which leads to independence of mind and ultimately therefore empowerment.

Sending a loan to an entrepreneur overseas is also an act of empowerment: mutual empowerment of both the borrower and the lender. The borrower is empowered through an opportunity to achieve financially independence for themselves and their family. The lender, in turn, is empowered through the knowledge that it is their own choice and money that has made this possible. Making a loan is an acknowledgement that we live in a global community and that this comes with opportunities and responsibilities to build relationships and help others in this community.

Like thinking, lending is a process – and a dynamic one. When you lendwithcare, the process does not end with a donation. It starts with a loan, which is paid forward, paid back and is then recycled. When you lendwithcare you begin a relationship. The relationship is personal in that the lender can choose who to lend to, but it is also two-way. For some, this is why it is so exciting when that repayment email pops up in our inbox: it asserts our own existence in the world and the significance of our existence and action to others. I lend therefore I am.

By Emma Howard, assistant at lendwithcare.org