Saturday, April 3, 2010

Loan group adds 3, brings group total to 13

Thanks to a donation we were able to add three more ladies two group number two, bringing our total to 13 in all. One lady has a bakery, another sells cosmetics and has now started a small little store, and the third has started a small store selling primary necessities. Group one has 6 ladies (they have been with me the longest), and group two now has 7 ladies.

Group 1 is finishing a loan cycle and will be eligible for another the end of April (their last loan). One lady has notified me she will not be continuing with us. This is both exciting and sad. It is exciting in the fact that the goal for each lady is to become self sufficient without the need of a loan, which she has accomplished beautifully. It is sad due to her now leaving our loan family. The groups have grown surprisingly close. We are extremely excited for her and her family.

Group 2 has just recently started their last loan cycle (Kelly and I are planning on returning back home for Thanksgiving) and is doing well. This group has turned out to be more talkative and we spend most of the meeting just catching up on how the week has gone. It is fun and exciting. The three new members have fit in quicker and better than I imagined.

Both groups are going strong and the repayment rate is still at 100% thanks to God. Thank you all for your prayer, interest and support.

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