Just as ripples spread out when a single pebble is dropped into water, the actions of individuals can have far-reaching effects. — Dalai Lama
Dear Amazing Supporters:
Thank you, once again, for your continued support of the Branford Microfund. As a result, we were able to provide 7 loans totaling $17,500 to members of our community in 2023. We currenlty have 26 active loans, and three people successfully paid off their loans last year.
We participated in a number of community events and successful fundraisers in the past 12 months, and it was heartening to see your support in attending these, lending a helping hand, and contributing to our ongoing efforts.
In addition to fundraisers, we also applied for and received two important grants. One, was from the Branford Community Foundation for $1,000. And, right before Christmas, we were granted $20,000 from the American Rescue Plan Act (ARAP)!
What a wonderful feeling of appreciation we all feel knowing that our community leaders think we are worthy of the ARAP support, and that our local community will benefit as a result.
The economy continues to be a challenge for many in our town, and the need for Branford Microfund loans has been steady. Our Loans Team supports many of the applicants in encouraging and creative ways, they have truly been a blessing throughout the year.
We know our world is full of problems, but we are hopeful that assisting and supporting neighbors here in our small town will have a ripple effect.
Thank you once again for your continued support.
Happy, Healthy and Peaceful New Year
Mina West, Chair
Branford Microfund
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