{"id":6659,"date":"2023-10-19T17:26:34","date_gmt":"2023-10-19T16:26:34","guid":{"rendered":"https:\/\/sigbi.org\/crosby\/?page_id=6659"},"modified":"2024-12-01T18:28:15","modified_gmt":"2024-12-01T17:28:15","slug":"microfinance","status":"publish","type":"page","link":"https:\/\/sigbi.org\/crosby\/our-projects\/microfinance\/","title":{"rendered":"Microfinance (LendWithCare)"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]<\/p>\n<h4>Crosby Soroptimists are investing in women.<\/h4>\n<p>The club has an ongoing project to part-finance women entrepreneurs through the well-established charity <a href=\"https:\/\/lendwithcare.org\/\" target=\"_blank\" rel=\"noopener\">LendWithCare<\/a>.<\/p>\n<p>A relatively small sum &#8211; say \u00a3100 &#8211; is sent via the charity to people in low-income countries who are building their small businesses and who need a loan to help them on their way.<\/p>\n<p>The loans are gradually repaid to investors. Thus the Soroptimists&#8217; original investment has been fully repaid and members have chosen more women seeking assistance.<\/p>\n<p>Microfinance supports not just the business owner, but her family and community. Microfinance enables women to work their way out of poverty with dignity.[\/vc_column_text][vc_separator color=&#8221;white&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_media_grid grid_id=&#8221;vc_gid:1729097112535-b0443640-0383-8&#8243; include=&#8221;6661,6663,6666&#8243;][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Innovation &#8211; SI Crosby invited recently-joined members to get together, find out more about LendWithCare, and recommend the next recipients of the club&#8217;s loan. With many other investors, the Soroptimists will make a difference to each woman and her family.<\/p>\n<p>The group selected three women to support:<\/p>\n<ul>\n<li>Huyen in Vietnam wants to upgrade her household water system to ensure a clean, safe supply for the family.<\/li>\n<li>Hien, also in Vietnam, plans to expand stocks of groceries so that her store can offer more to local villagers, and the income can support her children through school.<\/li>\n<li>Holly in Malawi is the sole provider for her eight grandchildren. She ventured into greenhouse farming &#8211; an opportunity for financial stability. Holly is investing her loan to increase productivity and her family income for the children&#8217;s education.<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] Crosby Soroptimists are investing in women. The club has an ongoing project to part-finance&#8230;<\/p>\n","protected":false},"author":217,"featured_media":0,"parent":61,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-6659","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Microfinance (LendWithCare) | SI Crosby | SIGBI<\/title>\n<meta name=\"description\" content=\"SIGBI : SI Crosby : Microfinance (LendWithCare) : SI Crosby is part of a worldwide organisation of women, find more information regarding the Microfinance (LendWithCare) here.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sigbi.org\/crosby\/our-projects\/microfinance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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