Wellshire Church partners with KIVA, an international program committed to alleviating poverty and creating opportunity through interpersonal lending. Wellshire Microfinance is open to all, so please feel free to join and contribute! "... what does the Lord require of you but to do justice, and to love kindness, and to walk humbly with your God?" -- Micah 6:8
Monday, August 18, 2014
July Was a Record Month!
After a slowdown in June, we stepped up in July with a record month for loans. Our members came through with 75 loans. At our meeting in June, we made 18 loans, all from loan paybacks. Our cumulative totals through July are 1,075 loans worth $28,000. Our members remain committed to helping the poor improve their economic circumstances. We are grateful for your continued efforts to supply a cup of cold water to those who live in poverty around the world.
Friday, June 27, 2014
Summer is a bit slow...
Since the beginning of May, lending has slowed down a bit. We have made 31 loans worth $775. We did not have a June meeting, so there will be over $300 in loan paybacks to invest at our July meeting on July 17. Currently, we have made 999 loans since the beginning less than 3 years ago. It will be a time of thanks when we pass 1,000 loans.
Friday, May 2, 2014
Our Faithful Members
The fact that we didn't hold a meeting in April did not slow down our members. Our investments totaled 49 loans worth $1,250. Our members took the initiative to invest without prompting. It's clear that we view KIVA as a very efficacious program to help fight poverty in the world. Since our start in September 2012, we have made a total of 968 loans worth $25,275. Thank you to all who participated. We pray for God's blessing on the people to whom we've made loans.
Wednesday, April 2, 2014
March was a very good month for Wellshire Microfinance
Because of some generous donations, our group was able to make 53 loans this month worth $1,375. In addition, the loans from donations plus loan paybacks and individual efforts, put us over 900 loans. Our cumulative totals are 919 loans worth $24,025. We are very grateful for everyone's efforts to keep Wellshire Microfinance making an impact.
At our April meeting on Thursday, April 17, we will continue to invest from our restricted funds and from our loan paybacks. It would be wonderful if we can hit 1,000 loans by September 28, which will be our third anniversary. We might even be able to make 1,000 loans in 1,000 days. What a blessing this opportunity is!
Tuesday, March 25, 2014
March 2014 Recap
On Thursday, March 20, we were able to invest a sizable amount of our restricted fund from donations. We made 18 loans (approx. $500). In addition, we made 6 loans from our loan paybacks. Curtis and I had to reassign seven loans on Friday because of problems with PayPal. PayPal did not let Kiva know what the $500 was to be used for, so Kiva assigned it to our credit account. Fortunately, 11 of our loans were still available, but we had to make substitutions for seven of our loans. We chose loans very similar to the ones we couldn't retrieve.
The 24 loans we were able to make pushed our cumulative total to 906 loans worth $23,625. Alleluia! We are on pace for another very good month.
The 24 loans we were able to make pushed our cumulative total to 906 loans worth $23,625. Alleluia! We are on pace for another very good month.
Monday, March 3, 2014
February Finishes Strong
Despite being the shortest month, February produced outstanding results for Wellshire Microfinance. Our group made 59 loans worth $1,625. We had investments made by a large number of our members. Our cumulative totals are now 866 loans worth $22,650. It's very gratifying to see that commitment to microfinance remains strong.
The prospects for March also look positive. We've already received word of six loans made by Club 45, our fourth and fifth grade group. Since February, 2012, Club 45 has made 26 loans under the direction of Holly Inglis and Dan Zuchegno. That's terrific!
In March, Wellshire Microfinance will concentrate on investing the donations in our restricted fund. Our next meeting will be on March 20 at 12:00 pm. We hope to see you there.
When we read about so much unrest in our world, it's good to know that we can do something positive to help the poor around the globe.
The prospects for March also look positive. We've already received word of six loans made by Club 45, our fourth and fifth grade group. Since February, 2012, Club 45 has made 26 loans under the direction of Holly Inglis and Dan Zuchegno. That's terrific!
In March, Wellshire Microfinance will concentrate on investing the donations in our restricted fund. Our next meeting will be on March 20 at 12:00 pm. We hope to see you there.
When we read about so much unrest in our world, it's good to know that we can do something positive to help the poor around the globe.
Monday, February 3, 2014
Results for January 2014
In January, our members invested in 21 loans worth $725. In addition, WMF received another generous donation. We will try to invest this money, along with our loan paybacks, at our February 20 meeting at 12:00 pm at Wellshire Church. We may have to schedule an additional meeting in March to complete investing these funds. Our year is off to a good start. The cumulative totals through January are 807 loans worth $21,025. Thanks to all who contributed in January. Please pray for Kiva as the organizations struggles with problems in the Middle East, South Sudan, and the Philippines.
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