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Investing in Female Entrepreneurs in Developing Markets via Lendwithcare

Investing in Female Entrepreneurs in Developing Markets via Lendwithcare

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Part of CARE INTERNATIONAL, Lendwithcare offers entrepreneurs the opportunity to take out loans in order to start, refresh/restock or expand their business.  Much of this is in the field of Retail and Farming.  Each lender, be they an individual or an organisation works with a local Lendwithcare financial partner to agree the amount of loan required which is affordable.  Investors then agree to contribute part of the monies needed to deliver that loan.  Our Club largely offer between £30 and £50 per entrepreneur.  We only select female entrepreneurs as our aim is to give them the economic empowerment – in several cases they are the main breadwinner.  If the loan is say £800 it might be fulfilled by between 10 – 20 different ‘lenders’, some offering more than others.  There is an agreed payback schedule which is made over the loan period.   We started with

A Day Out at the Seaside for Ukrainian Refugees

A Day Out at the Seaside for Ukrainian Refugees

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Working through Suffolk Refugee Support.last year we helped three Ukrainian refugees take a course in English for their particular career so they could take up a position and become financially independent.  One of these ladies said a few months ago that she had never seen the seaside in the UK and became the inspiration for our decision to take a group of Ukrainian ladies to Felixstowe for the day.  Meeting in Ipswich we departed in several cars to this lovely town by the sea and had a delightful day together. Starting with a walk at the Spa Gardens, moving on to the views where the foot ferry to Bawdsey leaves, having the use of a lovely beach hut for our picnic where some of our party went for a swim, spending time at Mannings Amusements and Beach Street ‘Container’ retail area before taking the view

Onwards and Upwards – 2023/24

Onwards and Upwards – 2023/24

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Looking forward to our AGM in April when we will be meeting at our 'home' The Ipswich & Suffolk Club' for supper, reviewing the past year and continue planning for the new 'Soroptimist' year. A few new projects in the pipeline and continuing our support for local charities Lighthouse Women's Aid and Suffolk Refugee Support.