In 2016 and again in 2017, Ethembeni ministry services are suffering as we have serious cash flow restrictions due to reasons beyond our control. The impact on staff morale has diminished our shared ability to create hope. We have released 18 great staff in October 2017 to join the unemployed and again in November 2017, 15 skilled tribe members will be released. This is the key reason for establishing an investment of hope, so as to have cash available during the lean times so that we are not vulnerable to donor whims and fancies. We want our shared services of hope with Jesus to be sustainable for 12 months without additional resources. The amount of R5m is required by 2020 to achieve this financial sustainability goal.
Our first investment target is R1m by 31st of March 2018 (we are at R362 800) on 30th September 2017). Ethembeni sustainability strategy is doing what most wise people do: use the markets to get a steady return on investments made over a long-period of time. We have chosen unit trusts as our investment product because we can invest varying amounts over time and spread our risks over the various assets classes. Ethembeni’s risk investment profile is conservative yet unit trusts still allow us reasonable equity returns in the long-term. We’re trusting Northstar Asset Management as their investment track record fits our risk profile.
Request to invest in hope:
Please consider a monthly amount (or once off contribution) to invest in Ethembeni’s long-term future. This money is tax deductible.
Ethembeni is investing R9 000 per month which includes my own personal monthly investment.