Funded Project 2011

1 John 3v17

......but if anyone has the world's goods and sees his brother in need, yet closes his heart against him, how does God's love abide in him?

 

“Baileys Health & Fitness are committed to supporting CARE International UK's on a regular basis, through loans and promoting the work of CARE International.   We can appreciate how hard and frustrating it can be running a small business, and know how important it is to gain access to finances and support to get a business up and running.

The www.lendwithcare.org  is very innovative in helping those in developing countries gain access to some of these resources, to help the local Entrepreneurs get started, and so we feel very passionate about giving these families the opportunity to make a better life for themselves."

To find out more about how YOU can also help to transform lives right now, visit www.lendwithcare.org

 

Starting our support in March 2011, here are the Entrepreneurs we are helping or have helped:

 

lao Zannou

is 38 yeara old, married and has four children. For 10 years, she has run a business selling cloth and plastic cont ainers. She requested this loan to strengthen these activities and help to support the needs of her children. With this loan she will source 30 dozen plastic buckets and other utensils from the large market in Cotonou for sale in her shop.

        

 

Nelia Lanojan

 

Nelia Lanojan is 58 years old and married.

She has responsibility for caring for three grandchildren who live with her while their parents are working outside the town of Toledo in Cebu. Nelia has for the past 15 years managed a small general store in the town. She sells a wide variety of basic foods, snacks, drinks and other household items.

Most of her customers are from her own neighbourhood. She applied for a loan from the microfinance institution Lamac Multi Purpose Co-operative in order to buy more stock, principally rice and school stationary. She intends to repay the loan over six months.

Her priority is to ensure that her grandchildren receive a good education. With regard to her business she also wants to open a stall in the nearby public market.

 

Run Ven has worked as a carpenter for the last 30 years. He is 57 years old and married with four children aged between 8 and 16. The eldest has already migrated to work in another province. The second is a monk (many young men in Cambodia spend some time as a monk). The two younger children attend a local school.

They live in Samrong Snor village in Ek Phnom district in Battambang province. Run has been a member of Ek Phnom Credit Union for five years. Run is often contracted to work on houses in his village. When his business is particularly busy, he takes on 3-5 temporary workers to help him. He pays $4 a day in wages per person.

Apart from carpentry, his wife, Soklina Pouk, aged 47 years old, has worked as a seamstress for the past two years. She earns around $60 a month from sewing. Run has sought a loan from the credit union in order to buy timber to build his own house. He intends to repay the loan over four months.

 

 

Pascaline Edjekpan

 

Single and without children, Pascaline is 38 years old and has run a hairdressing business for 16 years. She manages this business with one employee who earns a monthly salary of 15,000 West African francs and alongside two children in her charge. In addition to this, she sells toys, fabrics, hairpieces and other hair products. Her expertise in hairdressing and the welcoming atmosphere she creates has lead to a steady increase in customers on a daily basis.

She restocks at the large market of Dantokpa. Pascaline has already reaped the benefit of several loans from the microfinance organisation ACFB; she has always ably repaid them. With the loan for 400,000 West African francs that Pascaline obtained from Lendwithcare in 2011, she was able to expand her stock through purchases from the market at Lomé in Togo. In this way she has been able to increase her financial capabilities and begin a trade from a second shop where she sells aluminium items such as casseroles, basins and buckets.

She is currently seeking a loan from Lendwithcare for 800,000 West African francs so that she can strengthen her business by expanding her stock. With this money she would purchase ten dozen casserole dishes in a series of different sizes, a high quality hairdryer, hair pieces, wigs and a variety of hair products. The ensuing benefit of this would be to enable Pascaline to take better care of the children in her charge.

 

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