Monday, September 10, 2012
A Record Month
When we first began Wellshire Microfinance, the possibility that microfinance might be a fad that would soon fade away was in the back of some peoples' minds. However, our August results would seem to allay those doubts. On August 23, our team made 18 microloans at our meeting. We had four new people present who were interested in microfinance. The 18 loans were the most we have ever made at one meeting. In the two days after the meeting, 3 more loans came through that were related to our meeting. Even more encouraging, during the month of August, an equal number of loans were made by team members on their own without any prompting from the team. Our total for August is 41 loans worth $1025. We want to thank all our dedicated, enthusiastic, generous team members for making this possible. These results convince me that Wellshire Microfinance is not a fad.