Gemach to the Tenth Power

The Gemach Project

The real beauty of The Gemach Project is that it keeps on giving.  We recently made out TENTH cycle of loans off of a single donation.  In October of 2010 we made a group of loans to a village in Niger.  Those loans were paid back at a rate of 100% and were given to a second village.  That cycle has continued and we just gave our tenth village loans with those funds.  With that original outlay of $1,700 dollars we have given 170 families loans to change their lives.  Even though The Gemach Project does not require any accounting of the funds after the seventh cycle of loans, the loan administrators in Niger have elected to use the funds to continue to give loans as they have seen the value of doing so.

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