ROTARY READY TO LEND AGAIN
A Rotary club is ready to lend again to create more entrepreneurs in Third World Countries.
Shrewsbury Severn Rotary Club now has £144.83 ready to make further loans through Lendwithcare which has a list of 47 prospective entrepreneurs applying for a loan.
“It is good news that we have such a choice,” said Rotarian Chris Allsop, chair of the club’s international committee. In a Lendwithcare newsletter that I receive weekly it seems that South America is struggling with repayments at the moment due to Covid-19. Palestine is also struggling although we have not as yet made any loans to a Palestinian. The club has been advised that although Lendwithcare is seeing steady improvements, we should keep in mind that Covid-19 still presents a problem in many of the countries in which the lender works. However, we are proud to be a part of a worldwide organisation reporting that in September they saw a fantastic 12,600 loans made. This was their strongest month of lending since February, just before Covid-19 took hold across the globe. As a result we have been thanked by Lendwithcare for Shrewsbury Severn Rotary Club’s continued support during what has been such a tough year for so many of us.”
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Chris Allsop says Lendwithcare has thanked Shrewsbury Severn Rotary Club for its continued support during what has been a tough year.