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.
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
No comments:
Post a Comment