Alresford Rotary Club changing lives with loans 

Alresford Rotary Club has assisted entrepreneurs such as The East Power women’s group (photo above)

Alresford Rotary Club is celebrating a landmark charitable achievement as one of the hundreds of Rotary clubs from across the country to contribute over £1 million to Lendwithcare, a microfinance charity which enables people in the UK to make small loans to entrepreneurs from poor communities around the world.

Since October 2011, Rotary clubs across the UK have been raising funds to make small loans to entrepreneurs in developing countries, enabling them to start or expand their small businesses and work their way out of poverty, feed their families and send their children to school. More than £1 million has now been lent by Rotary to farmers, tailors, market stallholders and food producers to name just a few of the types of businesses Rotary have helped in 11 countries across Africa, Asia and South America. The first Rotary club to join Lendwithcare was Currie Balerno Rotary Club in Midlothian, and Alresford Rotary Club followed suit in 2018.

Alresford Rotary Club has raised and lent a total of £11370, contributing towards the national £1 million landmark, with the club loaning to over 4000 entrepreneurs in 11 countries in Africa, Asia and Latin America. Alresford Rotary Club raised its share of the funds through local fundraising events.

Club project leader, David Marshall said “Alresford Rotary Club are proud to be a part of this fantastic initiative. Lendwithcare is a great way to help people out of poverty. You see exactly who the money is going to, and what they will use it for.”

“The entrepreneur uses the funds to help them to earn a living, often employing family members and neighbours as well, helping to lift their communities out of poverty. They pay the loans back, which can be re-lent to person after person.”

Rotary is one of the world’s largest and most successful global membership and humanitarian service organisations, with 1.2 million members in over 200 countries volunteering their time and their talents to tackle challenges at home and abroad to promote peace, fight disease, provide clean water, support education, save mothers and children and grow local economies.

David continued: “Alresford Rotary Club has a proud history of fundraising for charitable causes through community events, and Lendwithcare is a fantastic cause very popular with our members.”

“Local people have given generously and it’s testament to their generosity that we’ve managed to reach an incredible £1 million. And that money will keep being re-lent and re-lent, translating into many millions of pounds worth of loans over the coming years.”

Head of Lendwithcare, Tracey Horner, added: “Through Lendwithcare, Rotary has helped change the lives of more than 5,000 entrepreneurs around the world so far. We’re grateful to every Rotary member who lends their time and energy to raise funds to lend to people trying to earn a living in some of the most challenging environments in the world. It really is life-changing for the people we work with, and we want to extend our huge thanks to Rotary Great Britain and Ireland, and everyone at Alresford Rotary Club.”

Alresford Rotary Club has assisted entrepreneurs such as The East Power women’s group based in Katete district, Zambia and comprises of 5 women who are all involved in small scale businesses selling food, gardening, and groceries. Alresford Rotary is changing lives in some of the most impoverished regions of the world.

About Alresford Rotary Club Alresford Rotary Club has been serving the community of Alresford and the surrounding villages for many years. The club currently is recruiting new members and meets fortnightly in Alresford, presently virtually via Zoom. The Club organises many local events including the Alresford Fireworks, Xmas tree sale, Alresford 10K run, Quiz nights and much more to support our great local community. If you would like to discuss becoming a member, email Jonathan at mabynread@gmail.com Website: www.Alresfordrotary.co.uk Facebook: Rotary Club of Alresford