Nearly 800 million people live on less than £1.40 a day. Rotary members are passionate about providing sustainable solutions to poverty and work to strengthen local entrepreneurs and community leaders, especially women, in impoverished communities. We create opportunities to help individuals and communities develop financially and socially.
Alresford Rotary 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 that 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 landmarks, 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.”