1st Quarter 2013

MICRO UPDATE
Last September, the Microfinance Site embarked on a journey to start five more microbanks in the surrounding communities of Jarabacoa. We had written a road map to help us navigate to our final destination but we also understood that we would not be able to get there on our own. We would have to trust that the Lord would provide others who could help us as we slowly trekked along our way. Since we took off on that journey, we have been able to raise $13,486 of our $20,000 goal and most recently hired a lady named Puny to help start the new banks. While our journey is far from over, it has been awe-inspiring to witness the way that many of you have generously provided a cold cup of water when we have needed it most. Thank you so much for all the notes of encouragement that you have sent, for lifting us up in prayer, and for the ways that you have given financially to our ministry. You have been a powerful reflection of the generous and gracious King we serve. Thanks!
But who am I, and who are my people, that we should be able to give as generously as this. Everything comes from you and we have only given to you what comes from your hand. 1 Chronicles 29:14

One of our dreams at the site is to seek out business connections for our associates. Recently, we had the opportunity to connect Emelina (above) and the owner of a coffee farm that is wanting to sell burlap messenger bags in the states. While they are still in the beginning stages, Emelina has begun sewing bags and has more consistent work. Pray that God would bless Emelina and her family through this business opportunity.

FINANCIAL REVIEW
JANUARY TO MARCH 2013
MiBanco Financials (in $USD) # of Associates: Loan Amt Outstanding: Average Loan Amt: Repayment Rate: Quarterly Income Statement
Beg Balance for Administration: Site Income (Interest, Misc.): Donation Income (Administration): Site Expenditures: Punys Salary

115 $25,644 $450 100% 1st Quarter $ 5324 $ 1590 $ 1585 $ *(2748) $ (200) $ 5551 YTD $ 5324 $ 1590 $ 1585 $ (2748) $ (200) $ 5551

MEET PUNY
We are very proud and excited to welcome the most recent addition to our Microfinance Team, Rosania or better known as Puny. Puny is a wife and mother of three who loves the Lord and has a desire to connect and minister to broken and hurting women. Puny began working part time at the beginning of March and will be starting the first of five new Micro-banks in the month of May. Pray for Puny, our site, and our future banks as we continue to grow.

End Balance for Site Administration:

*The large increase in site expenditures was due to a theft at the site. st Normal site expenditures for the 1 quarter were $1095.

Contact Info:
SI Mailing Address: Students International PO Box 2733 Visalia, CA, 93279 DR Mailing Address: SDQ 11054 Eric Miller th 2250 NW 114 Ave. Unit 1A Miami, FL 33172-3652 Email: Eric Miller: ericmiller3725@gmail.com Miriam Sicard:
miriamsicard@hotmail.com