Change lives with a Lendwithcare microloan today
TheAnswer Ltd are proud to be supporting Lendwithcare, a microfinance lending website for entrepreneurs and small business owners in developing nations.
Launched in 2010 and driven by CARE International UK, the initiative provides the platform for anyone to loan funds to small businesses and entrepreneurs in low income countries. The entrepreneurs, from worldwide locations such as Cambodia, Zambia and Pakistan, might use the loan to set-up a market stall, purchase a new sewing machine for their clothing repair service, or to purchase additional animals for their farming business.
From as little as £15 per investor, a loan can really help get an entrepreneur started. Once their business is up and running, the loan is repaid to the lender. The funds can then be given to another entrepreneur, or the money can be withdrawn. What’s more is the entrepreneur receives 100% of the money and lenders receive regular updates as their journey progresses.
Setting-up a loan is simple and secure via the Lendwithcare website, enabling anyone to fund small businesses in a matter of minutes either alone or with a team. With a variety of opportunities to choose from, the platform is a real chance to support low income countries work their way out of poverty with dignity.
The Lendwithcare team is dedicated to helping people transform their lives and to developing innovative ways to support low-income entrepreneurs; particularly since the COVID-19 pandemic in 2020. Browse the entrepreneurs who need help or pledge a small monthly donation by becoming a Lendwithcare Angel, helping to secure the future growth of this hugely impactful cause.
At TheAnswer Ltd we’ve been supporting entrepreneurs in developing nations through Lendwithcare, and supporting Care International UK since 2019. To explore the Lendwithcare website and make your first loan to an entrepreneur, click here.
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