Club News

Yate and District Rotary Club

Rotary Club of Yate and District Changing Lives with Loans

The Rotary Club of Yate and District are celebrating a landmark charitable achievement as one of hundreds of Rotary clubs from across the country to contribute over £1 million to Lendwithcare, a microfinance charity which 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 the Rotary Club of Yate and District followed suit in 2015.

The Rotary Club of Yate and District have raised and lent a total of £5,048, contributing towards the national £1 million landmark, with the club loaning to entrepreneurs in 11 countries. The Club has made 40 micro loans, helping 135 entrepreneurs, 289 family members and creating 70 jobs.

Our 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.

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