Kiva Friends Quilt Fund - Open for Business!

[Guest]

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[KF Quilt Fund Committee]

The massive 57-page KIVA Quilt for "Raggle" thread contains everything anyone needs to know about this project, which started on December 20th 2007 with Henry asking "Let's see if we can come up with enough people (KIVA Friends) to pull this off" - to which the answer was a resounding "yes we can".

a very big thanks to everyone involved:

• the quilters: Henry, Rebecca, Margie, Jane, Queen, Margaret, and Laurie
• those who donated prizes: Henry,  Eli, Diane, Steven, Ann, Jane, Margie, Rebecca, Scott (and Elle), Jane Sladen, and Susan
• the 34 people who entered the "raggle" - too many to mention individually, but you know who you are. The entry grid can be seen here, along with details of prize winners.
• the anonymous donor who with outstanding generosity matched the funds raised
• special thanks to Henry, for masterminding this great project, maintaining the raggle entry grid, devising the random draw, and receiving, accounting for and distributing the money raised

The quilt itself has retired to sunny Melbourne (congratulations Natasha) and is of course the star of the Kiva Friends 2009 Calendar.

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So, to business.  As Henry mentioned back on October 19th:

. . . The quilters have unanimously elected Rebecca and Margie to manage the KF Quilt Fund when the wraggle is over.  They will control the account and work with 2 or 3 additional KF members (quilters or not) to keep the account funding loans while having a small balance available to distribute to KF Projects.  This committee of 4 or 5 people will decide the amount of $ to contribute to each project presented on KIVAFriends.org.  . . .
http://www.kivafriends.org/index.php/topic,1510.msg45333.html#msg45333

Rebecca and Margie have invited Jan and Peter to join them.

The total fund available for donation to future Kiva Friends projects is... $3,500

$4,800 was raised in total.  Deducting the big red number above leaves $1,300, of which $800 has gone to Kiva as a donation, $400 has been earmarked for Joe towards the running costs of kivafriends.org, and $100 covered the costs of shipping the raggle prizes.

The committee members have discussed what types of project the Quilt Fund will support.  Our collective view is that they should be projects with a strong Kiva connection, whether that be borrowers or Field Partners.  Examples from the past year of excellent fundraising projects the fund would have supported if it had been around at the time: Florence's school, Regina's wheelchair, and computer equipment for GHAPE.

While the Quilt Fund is waiting patiently for exciting new KF projects to help fund, the plan is that any one time, roughly half of the remaining balance will be placed in short-term Kiva loans with 4 or 5-star MFIs. This process has begun, and you can see the loans here:  http://www.kiva.org/lender/quiltprojectfund8233

We (the Quilt Fund committee) will be using this thread to keep everyone informed about the fund's progress.



Rebecca, Margie, Jan, Peter

[Natasha]

Really wonderful! Thankyou to All for your ongoing contribution

[Henry]

nice post, happy to hear of progress!  I like what you came up with in regards to what type of projects the Q-Fund will help with. 

Thanks for the update, and good luck Committee!!!

[QueenOfHearts]

Very nice job Quilt Committee.....we all look forward to your loans and projects.


Queen

[TheTatiana]

I'm excited about the prospects!  I'm looking forward to more cool projects like Regina's wheelchair.  Congrats to all whose hard work generated the fund, and thanks to those who administer it!

[Jan & John]

The Quilt Fund Committee would like to invite the other contributors to this project to help choose some of the loans being used to 'bank' the proceeds until they are needed. 

So if the rest of the Quilters: Henry, Jane, Margaret, Laurie, and Queen ...

and the following Prize donators: Eli, Diane, Steven, Ann, Scott (and Elle), Jane Sladen, and Susan ...

would like to help - please...

1. find two loans that meet the criteria... short term (up to 6 months) and 4 or 5 star MFI.

2. send the links in a message to Margie or Rebecca at the message link on the Quilt Fund Lender Page

(and if I missed someone on that list, please let me know
jan

[KF Quilt Fund Committee]

The Quilt Fund Committee would like to invite the other contributors to this project to help choose some of the loans being used to 'bank' the proceeds until they are needed. 

So if the rest of the Quilters: Henry, Jane, Margaret, Laurie, and Queen ...

and the following Prize donators: Eli, Diane, Steven, Ann, Scott (and Elle), Jane Sladen, and Susan ...

would like to help - please...

1. find two loans that meet the criteria... short term (up to 6 months) and 4 or 5 star MFI.

2. send the links in a message to Margie or Rebecca at the message link on the Quilt Fund Lender Page

send a pm to the KF Quilt Fund Committee at KF

(and if I missed someone on that list, please let me know
jan

We're still looking for loan choices from the following people:
Jane (mejane)
Steve (KivanSteven)
Margaret
Susan (S_Shewan)
Laurie
Henry
Eli
Ann (ABC)
Jane Slayden
Scott (Saabnet)

Once you have made your choices using the above information listed by Jan,
Send a pm at KF to the "KF Quilt Fund Committee" (link under the quilt pict. avatar)

We'll take care of your picks as soon as we're able!
   
                    Rebecca

[KF Quilt Fund Committee]

For those of you who are interested in the loans that have been made so far.

http://www.kiva.org/lender/quiltprojectfund8233     

Very nice choices everyone!

                   Rebecca   

[KF Quilt Fund Committee]

It is our pleasure to announce that we have selected "Florence's School" in Uganda, as the first recipient of a "KF Quilt Fund" donation.  For more information on her school and how you can also help, please visit the following link.

http://www.kivafriends.org/index.php/topic,1492.msg50449.html#msg50449

If you read it from the beginning, you'll get a better idea on how Kiva Friends have helped her with a past fundraiser and how you can help with this one.

                   Rebecca    

[QueenOfHearts]

A very good beginning Rebecca and thank you for letting us know the Quilt Fund will be participating in this worthwhile fund raiser.

Queen

[Henry]

Makes all those needle pricks in our hands all worthwhile!      

[Natasha]

Wonderful first project!

[KF Quilt Fund Committee]

The total fund available for donation to future Kiva Friends projects is... $3,500

[ . . . ]

We (the Quilt Fund committee) will be using this thread to keep everyone informed about the fund's progress

[ . . . ]

just to keep everyone updated, the Quilt Fund has donated $800 so far to two projects ($500 Mirembe School in January 09, $300 GHAPE MIS in February 09), which leaves $2700 currently available for donations to future fundraising projects.

Of that remaining $2700, $2465 is in the form of Kiva Credit, and $235 is outstanding on the Quilt Fund's loan portfolio.  (see opening post of this thread for the loan criteria)  Of the $235 in outstanding loans, $50 is for two FSMA loans which have never received any repayments.

Peter
on behalf of the Quilt Fund Committee


 

[Henry]

hey fellow quilters - is this the most recent update?

would it be easy to post a summary of all activities with the money we raised?

[KF Quilt Fund Committee]

here's an update on the Quilt Fund committee's activities - there is now $1,650 available for future fundraisers.

$3,500 was available in the Quilt Fund when it started - see the first post in this thread for full details on that.

   $500 Jan 09 Mirembe School fundraiser #2
   $300 Feb 09 GHAPE MIS fundraiser
 $1000  Oct 09 GHAPE computer equipment
-------
 $1800  disbursed so far

that should leave $1700 in the fund, but unfortunately it's only $1650, because $50 was lost on two FSMA loans which saw no repayments.

The members of the Quilt Fund committee look forward to the next Mirembe School fundraiser!   

[ulrike]

 
 
very pleeeeeeased for Florence!!!!!

[Henry]

I know I'm not part of the Committee anymore - but if I were to vote - I'd say empty the fund and send it all to the school
Or as much of it as you can get turned into cash in time!!!!

and with whats left find something in Peru to give it too - I love me some Peru loans!!!!  or is that Bolivia?  them hat people!

[KF Quilt Fund Committee]

here's an update on the Quilt Fund committee's activities - there is now $1,650 available for future fundraisers.

$3,500 was available in the Quilt Fund when it started - see the first post in this thread for full details on that.

   $500 Jan 09 Mirembe School fundraiser #2
   $300 Feb 09 GHAPE MIS fundraiser
 $1000  Oct 09 GHAPE computer equipment
-------
 $1800  disbursed so far

that should leave $1700 in the fund, but unfortunately it's only $1650, because $50 was lost on two FSMA loans which saw no repayments.
The members of the Quilt Fund committee look forward to the next Mirembe School fundraiser!   

As foreshadowed in October, and by unanimous decision of the Quilt Fund Committee, the remaining $1650 in the Quilt Fund has been donated to the current Mirembe School fundraiser!  (and this value is included in the latest total posted by Diane earlier today)

There is now nothing remaining in the Fund, which is now closed.  Actually there's 93 cents, which Kiva will be getting as a donation.

The last day of 2009 is maybe an appropriate day to wind up the fund, the quilt itself having been the star of the KivaFriends 2009 Calendar.  And the quilt's lucky owner Natasha has her birthday today!

All that remains is to repeat the thanks expressed at the start of this thread, for what was a really outstanding fundraising effort...

a very big thanks to everyone involved:

• the quilters: Henry, Rebecca, Margie, Jane, Queen, Margaret, and Laurie
• those who donated prizes: Henry,  Eli, Diane, Steven, Ann, Jane, Margie, Rebecca, Scott (and Elle), Jane Sladen, and Susan
• the 34 people who entered the "raggle" - too many to mention individually, but you know who you are. The entry grid can be seen here, along with details of prize winners.
• the anonymous donor who with outstanding generosity matched the funds raised
• special thanks to Henry, for masterminding this great project, maintaining the raggle entry grid, devising the random draw, and receiving, accounting for and distributing the money raised

Peter
on behalf of the Quilt Fund Committee.(Jan, Jane, & Peter)

[Natasha]

As the "quilt's lucky owner" I just wanted to say a BIG THANKYOU to all that participated in creating and managing this wonderful fund raiser.
I couldn't think of a better project than Florence's school to close the fund with. Thanks again!  

[Henry]

Balance update anyone?

[Peter S]

Balance update anyone?

As foreshadowed in October, and by unanimous decision of the Quilt Fund Committee, the remaining $1650 in the Quilt Fund has been donated to the current Mirembe School fundraiser!  (and this value is included in the latest total posted by Diane earlier today)

There is now nothing remaining in the Fund, which is now closed.  Actually there's 93 cents, which Kiva will be getting as a donation.

The last day of 2009 is maybe an appropriate day to wind up the fund, the quilt itself having been the star of the KivaFriends 2009 Calendar.  And the quilt's lucky owner Natasha has her birthday today!

All that remains is to repeat the thanks expressed at the start of this thread, for what was a really outstanding fundraising effort...


Peter
on behalf of the Quilt Fund Committee.(Jan, Jane, & Peter)

[Henry]

 

[Peter S]

2 quotes, wasn't much of an effort