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Monday, September 30, 2013

September 2013 Report

Two Years of Kiva Lending

Wellshire Microfinance (WMF) once again added over 40 loans in September. The totals for the month were 41 loans worth $1,025. For the past three months, we've averaged over 40 loans per month. Our cumulative totals for the past two years are 646 loans worth $16,725. During this time, we have averaged 27 loans per month from both loan paybacks and new funds. Our hope is that the past results will continue over the next year.

Watching Out for Loan Paybacks

In the past year, our totals have been greatly increased because our members reinvested their loan paybacks. We will continue to grow WMF if we continue to reinvest the loan paybacks.

The Alternative Christmas Market

We have always recruited new members at the Alternative Christmas Market. We hope this year will continue that trend. Anyone who can help man our table at this event on Sunday, November 24 would be appreciated.

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