OI China PRAYER LETTER July 2013
"When they hurled their insults at Him, He did not retaliate; when He suffered, He made no threats. Instead, He entrusted Himself to Him who judges justly." ~ 1 Peter 2:23
Praise the Lord, through the service of OI China, our clients did not suffer major loss during the outbreak of H7N9 Avian Flu. Although the impact was widely spread clients of OI China all managed to survive without much damange. In particular, one of the poultry farmers in Suqian, Mr Hu Bin, who appreciates the care and support of OIC so much and presented a banner to us on 18 June as a token of his gratitude to our partnership. The banner reads “Your loving care of clients is like sending coal during snow”.
Thank God that client Mr Pang Xinchun (centred) was able to solve his urgent problem of cash flow in May through our timely service during the outbreak of Avian Flu. Mr Peng’s cottage industry survived the downturn of the market and managed to secure orders and supported 193 rural women workers. Pang presented this banner on 25 June in Huai’an. The banner reads: “Your Love is as the timely rain to the field; Your Care meets the needs of rural farmers.”
Praises & Thanksgivings: •
Praise the Lord that all 11 interns have arrived in China safely from the USA. They are going to spend 8 weeks in China to learn about microfinance and doing some voluntary work in OIC.
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Thank God that we have developed a new kind of financial services in Anhui Province in June. Due to constrain of loan guarantee license, many loans could not be issued by our partner bank CCB, and our clients could not receive loans to sustain their businesses. Through the recent development work OI China launched consignment loan model, as new product, and opened a new way to serve our clients in Hefei, Anhui Province.
Prayer Requests: •
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Pray for the preparation of OIC summer English Camp and the new OIC summer music camp. OIC wishes to spread love and bring glory to His name through our caring services. Please pray for the Board of Directors of OI China and the OI Network as they are planning and making a major decision on the future and directions of the operations in China. We ask God to give them wisdom and guidance from heaven above. Pray for more co-workers of Christian faith and professional skills to join OI China for the service. There are a number of positions open in OI China, including finance, IT, HR, risk management and operations, as we continue to expand our operations according to the business plan.
OIC Consolidated Statistics Loans Issued in USD Job Impact (Created / Sustained) Training & Coaching (person / hr) Micro-insurance (policies)
2009
2010
2011
2012
3,729,753 17,817 2,146 / 6,610 n/a
6,369,255 20,982 2,000 / 5,998 n/a
8,165,500 37,013 2,412 / 7,951 n/a
8,848,143 34,887 2,904 / 10,516 442
2013 YTD (31 May) 2,220,208 9,625 906 / 1,631 234
PrayerLetter 1307 www.opportunity.org.hk