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Club of Royston
President: Stephen Higginbotham
. The   Rotary   Club   of   Royston   lends   money   to   entrepreneurs   in   various   parts   of   the   world   where   most   good   can   be   done.     Imagine   a young   farmer   in   Rwanda   who   has   a   small   farm   of   only   two   acres.     He   realises   that   he   would   be   far   more   successful   if   he   could   buy another   two   acres   but   he   does   not   have   the   cash.     He   goes   to   the   Microfinance   Institution   in   his   local   town,   they   have   a   look   at   his scheme   and   agrees   that   it   is   a   good   idea   and   promise   to   raise   the   funds   on   condition   that   he   attends   classes   to   learn   how   to   handle his money and to farm his land most economically. The   Microfinance   Institution   then   applies   to   Lend   with   Care   who   then   shows   the   loan   on   their   website   and   asks   for   offers   to   lend part   of   the   amount   required.   We,   and   many   other   lenders,   then   make   their   offers   and   the   amount   lent   is   taken   from   our   account.   The   amount   requested   by   the   entrepreneurs   is   usually   in   the   range   of   £200   to   £5000.       Our   contribution   is   usually   £200.       As   the entrepreneur   pays   back   the   loan   month   by   month   so   it   is   paid   back   into   our   account   and   when   there   is   sufficient   we   can   make another loan to someone else. We   made   our   first   loan   in   February   2013   and   have   made   over   100   loans   so   far.   The   Club   has   put   £3,577   into   our   account   but   with the   repayments   that   have   been   made   to   our   account   and   then   lent   again,   our   total   lending   amounts   to   over   £20,000.       Our   money has been used five times over! Shown   below   are   a   representative   sample   of   entrepreneurs   that   Royston   Rotary   has   supported.     Please   click   on   any   of   these   to   see further details or for the complete list click here.
Fortunate Sazola Milton rene Velez cordero Sarin San Bui thi Loan Makoka Group Hoang anh Thien Bui duc Ngoc Syed Awais Fatima Mahameed Jenefer Llaguno Sophal Kuy Eduard Nzabakurikiza Jom'a Awad Chann Set Sa leab Soum Showers of Blessing Rotary Club Co-ordinator Neil Guttridge