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
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