We spent much of the week working on LEAD's capital project. The fundraising for this project started about two years ago, and we are 4/5ths of the way there, so we hoped to begin building at the beginning of this dry season (November). However, this week, we began seriously considering switching strategies from building to buying. There are two buildings that we saw that have so much potential for both adequate office space as well as income generation to help make LEAD more sustainable. To say that it is easier to buy instead of build (especially in Liberia), would be a HUGE understatement!!! So we are very hopeful that we will get approval from the LEAD board, from LEAD GR, and then be able to negotiate on the property to make it a good deal for LEAD. Please pray with us that someone else will not buy the building in the meantime!
LEAD has also started a new type of loan product, still in the PEI category if you are familiar with LEAD's programs, but designed for institutions instead of small groups. The institutions are Savings and Loan Clubs or credit union types, have to be registered with the government and have been in existence for two or more years. They are able to receive much larger loans as their membership is large. The first loan went out for 1.5 million Liberian dollars (about $21,000 US) for 56 members, and the picture on the side is of the second such loan going for one million Liberian dollars (about $14,000 US) for 200 members.
|Joseph with his wife, brother, and daughter.|
|Allen Jr writing his ABCs.|
|Baby Andrew with lots of hair!|
Below are also some beautiful pictures of the sunset over the water, which always reminds me of God's presence, creativity and beauty, available to us no matter where we go in the world!
|Moses (white suit) waiting for his bride.|
|And here she comes!|
|Beautiful landscape and clouds|