Lend to a small business owner through Lendwithcare
CARE International's Lendwithcare lets individuals lend from £15 to fund small-business owners in low-income countries. Loans are typically repaid over 6-12 months and can be relent; over 90,000 lenders have provided more than £60m to over 200,000 small-business owners. CARE's local partners select and vet the entrepreneurs before loans are listed for lending.
Similar model to Kiva above, run through CARE International specifically — worth comparing the two if the microlending approach appeals to you and you want to pick based on which organisation runs it. Having CARE's own local partners vet each entrepreneur before a loan goes live also adds a layer of local screening beyond what an individual lender could do from afar.
Where the money goes
A loan of £15 or more, used as working capital by a small-business owner in a low-income country to grow their business, typically repaid over 6-12 months.
