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Leicester_H

https://www.lendwithcare.org/

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Hi

Came across this site that https://www.lendwithcare.org/

" Lendwithcare is a revolutionary way to help some of the world’s poorest people work their way out of poverty with dignity. Lendwithcare allows you to lend as little as £15 to fund a small business and once your money is repaid you can choose to recycle your loan to support another poor entrepreneur, or withdraw your money. "

I was thinking of lending (well donating as would re-invest money when re-paid) BUT I'm always 'suspicious' of these things.

Has anyone done anything like this ? Any advice ?

H

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OH who sorts out money puts money into something called funding circle . I think you accrue interest on what you have loaned and it is also for small businesses.

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Thanks - think I will go ahead.

I have been super careful since a friend donated £10 by cheque to an African (?) charity - supposedly to help a girl get an education. He thought at worst it was a scam and the £10 would be 'stolen' - but it was MUCH worse. The cheque had his bank details and his signature. They somehow found his address and wrote to the bank and tried to empty his account. It all got very messy and took ages to sort out.

H

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