{"id":615,"date":"2013-11-23T17:43:54","date_gmt":"2013-11-23T16:43:54","guid":{"rendered":"https:\/\/sigbi.org\/swindon-and-district\/?page_id=615"},"modified":"2024-05-26T01:05:55","modified_gmt":"2024-05-26T00:05:55","slug":"micro-loans-to-women-entrepreneurs-in-the-third-world","status":"publish","type":"page","link":"https:\/\/sigbi.org\/swindon-and-district\/our-work\/micro-loans-to-women-entrepreneurs-in-the-third-world\/","title":{"rendered":"Micro Loans to Women Entrepreneurs in the Developing World"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_single_image image=&#8221;6166&#8243; img_size=&#8221;full&#8221; add_caption=&#8221;yes&#8221; alignment=&#8221;center&#8221;][vc_column_text]<\/p>\n<h2>Swindon Soroptimists and Microfinance<\/h2>\n<p>[\/vc_column_text]<style>.ld_spacer_69d803c3ef990{height:32px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_69d803c3ef990\"><span class=\"liquid_empty_space_inner\"><\/span><\/div>[vc_column_text]<a href=\"https:\/\/lendwithcare.org\/\" target=\"_blank\" rel=\"noopener\">Lendwithcare<\/a> is a microfinancing initiative from <a href=\"https:\/\/www.care-international.org\/\" target=\"_blank\" rel=\"noopener\">Care International<\/a>, an organisation that has been fighting poverty since 1945. In Care International&#8217;s own words, it &#8220;<em><a href=\"https:\/\/www.care-international.org\/about-us\" target=\"_blank\" rel=\"noopener\">places a special focus on working alongside women and girls. Equipped with the proper resources, women and girls have the power to lift whole families and entire communities out of poverty<\/a>.&#8221;<\/em><\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row enable_overlay=&#8221;yes&#8221; css=&#8221;.vc_custom_1716657823662{background-color: #ffffff !important;}&#8221;][vc_column]<style>.ld_spacer_69d803c3efa40{height:32px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_69d803c3efa40\"><span class=\"liquid_empty_space_inner\"><\/span><\/div>[vc_column_text]<\/p>\n<h4>What is Microfinance?<\/h4>\n<p>[\/vc_column_text]<style>.ld_spacer_69d803c3efa80{height:32px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_69d803c3efa80\"><span class=\"liquid_empty_space_inner\"><\/span><\/div><style>.ld_testimonial_69d803c3efad8 .testimonial-details h5{color:rgb(0, 85, 150);}.ld_testimonial_69d803c3efad8 .testimonial-details h6{color:rgb(0, 85, 150);}.ld_testimonial_69d803c3efad8.testimonial-quote-filled .testimonial-quote, .ld_testimonial_69d803c3efad8.testimonial-whole-filled{background:rgb(239, 239, 239);}<\/style><div id=\"ld_testimonial_69d803c3efad8\" class=\"testimonial testimonial-quote-filled text-left testimonial-details-xl ld_testimonial_69d803c3efad8\">\n\t\n\t<div class=\"testimonial-quote\">\n\t\t<blockquote><p><span style=\"color: #005596\">Microfinance refers to financial services for low-income clients. Although most attention has been on the provision of small <span style=\"font-family: georgia, palatino, serif\">loans,<\/span> microfinance includes the provision of other basic financial services such as savings, money transfer and insurance and is often accompanied with financial literacy and business training. Improving access to such services allows low-income people to finance income-generating activities, build assets, stabilise consumption and protect against risks. Microfinance can play an important role in improving the lives of low-income and marginalised people.<\/span><\/p>\n<p><span style=\"color: #005596\">Microfinance is seen as a long-term and more sustainable approach to helping low-income people. Many consider microfinance to be a\u00a0<em>&#8216;hand up rather than a hand out&#8217;<\/em>\u00a0as it focuses directly on helping low-income people to work and become more self-sufficient.<\/span><\/p>\n<\/blockquote>\t<\/div><!-- \/.testimonial-qoute -->\n\n\t<div class=\"testimonial-details\">\n\t\t<figure class=\"avatar \"><img decoding=\"async\" src=\"https:\/\/sigbi.org\/swindon-and-district\/files\/2024\/04\/53313404820_448d107203_o.jpg\" alt=\"Lendwithcare\" \/><\/figure>\t\t<div class=\"testimonial-info\">\n\t\t\t<h5 >Lendwithcare<\/h5>\t\t\t<h6 class=\"font-weight-normal\">&#039;About Microfinance&#039; (Lendwithcare webpage)<\/h6>\t\t<\/div><!-- \/.testimonial-info -->\n\t\t\n\t\n\t<\/div><!-- \/.testimonial-details -->\n\t\t\t\t\n<\/div><!-- \/.testimonial -->[\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1542958968945{padding-top: 50px !important;padding-bottom: 120px !important;}&#8221;][vc_column][vc_column_text]<\/p>\n<h4>Swindon Soroptimists Supporting Lendwithcare<\/h4>\n<p>[\/vc_column_text]<style>.ld_spacer_69d803c3efdf0{height:32px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_69d803c3efdf0\"><span class=\"liquid_empty_space_inner\"><\/span><\/div>[vc_column_text]Our club members have been supporting Lendwithcare for over a decade, by regularly donating small sums primarily to women, chosen from those spotlighted on the internet site as seeking a loan. As each loan is re-paid it can be re-invested by the member to help another woman to improve her business, for the benefit of herself, her children and her community.<\/p>\n<p>[\/vc_column_text]<style>.ld_spacer_69d803c3efe39{height:32px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_69d803c3efe39\"><span class=\"liquid_empty_space_inner\"><\/span><\/div>[vc_column_text]Lendwithcare provides an option for lenders to group together with friends and family, work colleagues or people from other social networks to form &#8216;Lending Teams&#8217;. These &#8216;Lending Teams&#8217; allow members to track the collective impact of their loans. Users in lending teams still make loans individually as normal, but their loans can be attributed to a lending team, in addition to still being recorded individually. This gives team members the opportunity to track the combined impact of the team on poverty, alongside their own separate personal impact.[\/vc_column_text]<style>.ld_spacer_69d803c3efe74{height:32px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_69d803c3efe74\"><span class=\"liquid_empty_space_inner\"><\/span><\/div>[vc_column_text]On 31 March 2012, three members formed a &#8220;Lending Team&#8221; under the name of Swindon Soroptimists, so that members could track their collective impact. Since then, our team&#8217;s loans have supported 105 entrepreneurs, helped 412 family members, and created 133 jobs.<\/p>\n<p>Click on <a href=\"https:\/\/lendwithcare.org\/teams\/swindonsoroptimists\" target=\"_blank\" rel=\"noopener\">Swindon Soroptimists Lending Team<\/a> to sign up to the team. You can also find the team by searching for Swindon Soroptimists at <a href=\"https:\/\/lendwithcare.org\/teams\/\" target=\"_blank\" rel=\"noopener\">https:\/\/lendwithcare.org\/teams\/<\/a>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_single_image image=&#8221;6166&#8243; img_size=&#8221;full&#8221; add_caption=&#8221;yes&#8221; alignment=&#8221;center&#8221;][vc_column_text] Swindon Soroptimists and Microfinance [\/vc_column_text][vc_column_text]Lendwithcare is a microfinancing initiative from&#8230;<\/p>\n","protected":false},"author":325,"featured_media":0,"parent":4739,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-615","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - 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