We have begun our fourth year with an outstanding month. Our members invested in 68 loans worth $1,725. We had loans made by our committee, the Pioneers, and Club 45, in addition to many loans made by individuals. Many thanks to all who contributed. It was a team effort.
September was also a transition month for WMF. Katy Fink-Johnson has graciously volunteered to take over as moderator. She brings energy, enthusiasm for microfinance, and dedication. I have no doubt that WMF will continue to grow under her leadership. Please support her in her new calling.
I am stepping aside after three years as moderator, but I intend to continue as an active member of WMF. It has been a blessing in my life to watch WMF grow into a viable organization in the fight against worldwide poverty. I want to personally thank all of you who helped WMF succeed.
Wes Smits
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, September 29, 2014
Tuesday, September 2, 2014
Report for August 2014
August was a slow month for WMF. We made seven loans worth $175. Our cumulative totals are now 1082 loans worth $28,175. That is not surprising, since July was a record month. Nonetheless, now might be a good time to check our portfolios for loan paybacks which we can invest in new loans. When you make a new loan, Kiva will automatically subtract your account balance from the cost of a new loan.
At our next meeting on Thursday,September 18, we will have a balance of at least $281 to invest in new loans. The balance will probably be much higher by that time. Everyone is welcome to join us at 12:00 pm at Wellshire Church for our meeting.
At our next meeting on Thursday,September 18, we will have a balance of at least $281 to invest in new loans. The balance will probably be much higher by that time. Everyone is welcome to join us at 12:00 pm at Wellshire Church for our meeting.
Subscribe to:
Posts (Atom)