Showing posts with label group lending. Show all posts
Showing posts with label group lending. Show all posts

Guest blog | You don’t have to wait for Christmas!!

This blog was originally posted on Richard Kemp's blog and has been re-posted here with his permission.
Pictured above is Ghulam Qadir who has a recycling business in Pakistan
I have to admit that I am not an easy person to buy things for at Christmas and birthdays. I am lucky that I can afford to buy things that I need and have very few things that I want to buy on top of that except for stamps (I am a stamp collector).

So I always present a challenge. However my ever resourceful younger daughter Rachel, currently the Lady Mayoress of Liverpool, knows my foibles and my interests and is a dab hand at whizzing around on her computer looking for things.

In the past she has bought me things like goats from Oxfam which I have appreciated but it felt a bit sterile. I like being involved with things. This year she found a perfect present when she gave me a voucher for Lendwithcare. In this she combined two of my interests.

Professionally I used to be a regeneration adviser helping people set up programmes to help small business in some of the most deprived parts of England and in places like Turkey.

Politically I represent the UK on a number of international local government bodies and have had the opportunity to visit villages and towns in Africa to see at first hand the hand to mouth existence that so many of the people of Africa and similar areas face.

From the start I was delighted with the gift and within a couple of days invested most of it. I have since put two more small amounts in and intend to give small amounts on a regular basis.

I like thinking about which countries and people to invest in. I don’t put money into retail businesses but prefer to put them into things like recycling, food production and farming. I like the feedback that I get from Lendwithcare and to see the relatively small amounts dribbling in monthly. This means that I know that Lendwithcare is investing well although I do expect that sometimes it will not work out and the investment will disappear.

I have currently made two investments in Pakistan and one each in Benin and Cambodia. Two of the investments are with men and two with women.

To me this is what Christmas is all about. I don’t need another tie and although I will always eventually eat another bar of chocolate doing some small things for people in far greater need than I have ever experienced gives me a small glow of satisfaction. So thanks Rachel for leading me to Lendwithcare. You know what Santa can bring me next year don’t you!?

But you don’t have to wait for Christmas. If you go onto their website you can sign up and start lending straight away  http://www.careinternational.org. Alternatively ring them on 0207 091 6014. Lend some money, do some good and have a pleasurable learning time as well. You could even become a Lendwithcare angel – probably the only chance that I will ever get of acquiring a pair of wings! If you come from Greater Liverpool you can also join a group and see what other members (there are currently four of us) are doing and investing in. I don’t want to urge you on too much but Manchester has a bigger group than Liverpool – a situation I would really like to see rectified!!

2012: New Year, New Plans



© CARE/Emilie Bailey
Will 2012 be able to trump the success of 2011?

Christmas really was the season of goodwill at CARE  International UK. For lendwithcare.org, December was our best month yet. With more than 1300 gift vouchers purchased in December alone, it is clear that our lenders wanted to pass on the pleasure of lending and the message of lendwithcare to friends and family this Christmas.
So too did the newspapers. Our gift vouchers lead to prominent features in both The Guardian and The Independent in December. This added to the significant impact of our feature in the members' magazine of our partner The Co-operative in November.

As a result, December was a record month of lendwithcare. It saw more than 1000 new lenders sending money to help entrepreneurs to pull themselves out of poverty - 400 more lenders than any other month since lendwithcare was launched.

With this final hurrah to the success of 2011, what will 2012 hold for lendwithcare? This spring we look forward to launching our new group lending feature. This will allow lenders to team up and lend as part of a community - be that as a school, church, sports team or simply with other lenders with a similar ethos. Whislt one person may only be able to lend £15 at a time, club together with friends, families or collegues and you could full fund an entrepreneur. Set targets as a team and compete against others to see how far your money can go!

Indeed, your money could go halfway around the world. Lendwithcare is currently operational in five countries: Benin and Togo in West Africa, Cambodia and The Phillippines in Asia as well as Bosnia & Herzegovina in Europe. Yet as the number of lenders rises, so too can the number of countries we work in. Although it is not yet certain which countries we will be able to extend lendwithcare into, current countries up for consideration include Ecuador and South Africa.

With this and more planned for the new year, here's to 2012 and another fantastic year for lenders and entrepreneurs around the world.

By Emma Howard, assistant at lendwithcare.org