Wednesday, August 6, 2008

FARMS International Press Release

Wiebe Named President of FARMS International

Knife River, MN – FARMS International: Executive Director Joseph E. Richter announces the election of Gary E. Wiebe as president of the organization for the next three years.

Wiebe has been an active member of FARMS International for over 30 years and was elected to the Board of Directors in 2002. He has worked on agricultural projects in Bolivia and Columbia.

His goal is to increase the interest in FARMS International as a way to help Christians in impoverished areas of the world to provide for themselves.

By using the FARMS revolving loan program there is great potential to build successful business environments where none exist. Additionally, it is effective in building the church through increased tithing from project profits.

The objective is to establish loan programs managed by national loan committees with “seed” funds provided by FARMS. The families are then recommended by local churches to receive funding.

Loans range from $100 to $1200 depending on the scope of the project. Repaid funds are then “recycled” for additional loans creating a tremendous leveraging of capital and transforming communities. The FARMS loan program historically shows repayment rates of 90 to 100%.

FARMS International is a biblical approach to releasing families from poverty through stewardship and revolving entrepreneurial loans.

Learn more at their website: http://www.farmsinternational.com/