Bust That Bond, Baby!

by TLC Ministries
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Bust That Bond, Baby!
Bust That Bond, Baby!
Bust That Bond, Baby!

Summary

TLC made the big announcement in the beginning of 2020 that we would be moving our home to a safer location. Not too long after this the coronavirus pandemic hit the world with full force and has been a big stumbling block to our plans. Thankfully, through this campaign & a handful of private donors we raised1/2 of our target. The other 1/2 was offered on a loan agreement. In order to settle this loan within the next 3 years, we still need R1,4 mil (about $95 000) to fully secure our home.

$28,820
total raised
59
donors
0
monthly donors
5
fundraisers
2
years

Challenge

TLC made the big announcement in the beginning of 2020 that we would be moving our home to a safer location. Not too long after this the coronavirus pandemic hit the world with full force and has been a big stumbling block to our plans. Thankfully, through this campaign & a handful of private donors we raised1/2 of our target. The other 1/2 was offered on a loan agreement. In order to settle this loan within the next 3 years, we still need R1,4 mil (about $95 000) to fully secure our home.

Solution

Paying off the R1,4 million debt against the property will move us toward our goal financially sustainably. Over the last few years we've worked really hard to reach a point where we're not struggling to make ends meet every single month of the year. Not having to service a monthly home loan will increase our operational security. If we are able to raise the funds to make sure the property costs are paid off asap it will mean we are able to fully focus on the needs of the babies and children.

Long-Term Impact

Being able to pay off this amount as soon as possible will ensure we are able to pour all of our focus and attention into providing stability and the best possible care for the vulnerable babies and children that need us, especially during the move. In the long-term this project will impact the lives of countless vulnerable babies and children now and for many years to come. The move also affords us the opportunity to significantly improve on our financial sustainability and physical security.

Resources

Organization Information

TLC Ministries

Location: Johannesburg, Gauteng - South Africa
Website:
Facebook: Facebook Page
Twitter: @TLChildrensHome
Project Leader:
Faith Abrahams
Communications Manager
Johannesburg, Gauteng South Africa

Funded Project!

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.
   

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