For a number of years Kirkham Young has been supporting this worthwhile organisation which is an initiative of poverty fighting charity, CARE International UK. We like the idea that 100% of the money loaned through Lendwithcare goes to the entrepreneur and recognise this is a revolutionary way to help some of the world’s poorest people work their way out of poverty with dignity.
Our latest loan is helping support 23 business women from the Katete district of Zambia who make up the Progress Chanjowe group. These women run small scale businesses with the main aim of improving the living conditions of their families. They all work in the main market of Katete. The group members are predominantly married and look after 72 children and orphans between them. They have used previous loans to invest in their businesses and have seen increased profits as a result.
One of the members of the group is Lucia Mudenda. She is 46 years old and divorced with eight children to care for. Lucia runs a small business selling ground nuts and eggs from her house. She started her business to be able to provide meals for her children and to pay school fees for them. She is requesting this loan to order more stock of groundnuts and eggs and she will also use this opportunity to diversify her stock and will use the loan to order soaps, sugar and candles to sell.