OI China PRAYER LETTER September 2009
My soul finds rest in God alone; my salvation comes from him. He alone is my rock and my salvation; he is my fortress, I will never be shaken. ~ Psalm 62: 1 – 2 (NIV)
Client Yang Shibao operates a home appliance wholesales business with 3 employees. He came to Hefei about 10 years ago from the country side with little help from his relatives. Started with a loan of approximately USD 1000 loan in 2005 he opened his own home delivery business and recently he further developed into a wholesales network in Hefei.
Client, Wei Jun, used to work in a chemical factory. While he was badly injured and lost one of his arms in a factory explosion he lost his job. Wei decided to do odd jobs here and there but never had enough to feed the family. Until one day in 2003 he learned about OI China and borrowed to start up his business, Wei became a true entrepreneur. He has 7 full time and 20+ part-time employees working in his workshop.
Praises & Thanksgivings: •
Praise the Lord for the fruitful and successful Board of Directors’ Meeting held on 1st and 2nd August. From the end of July, the Board visited the microcredit and micro loan guarantee operations in China and then held its meeting in Hong Kong.
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Thank God for His blessings; the father of Aaron White, Deputy Chairman and CEO of OI China, received Jesus Christ as his personal saviour and was baptised on his 86th birthday on the 6th of August.
Prayer Requests: •
As the central government tightening up the housing loan policy many banks are restricting the issuance of loans to their clients. As a result of this control, our partner bank in Hefei is delaying or rejecting the loan applications of our clients. Please pray for the understanding and compassion of the bank over the poor entrepreneurs and allowing the loans to be issued to them as they urgently need the loan and business support from OI China.
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Pray for the recruitment process of OI China as we expand our impact to the society. The harvest is plentiful yet the workers are few. OI China needs more middle management to join our service in Suyu, Hefei and Hong Kong.
OIC Consolidated Statistics Loans Issued in USD Jobs Created/Sustained General Training (person / hr) Job Safety Training Program
2006
2007
2008
2009 YTD (31 Jul.)
1,368,000
1,795,377
2,844,534
1,750,859
n/a
n/a
6,277
4,243
480 / 1,200
758 / 2,366
2,093 / 3,681.5
1,321 / 4,533
n/a
441 / 2,120
1,851 / 7,404
PrayerLetter 0909 www.opportunity.org.hk
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