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#GivingTuesday #1 Poverty2Prosperity.org 2 Saabers Like This Post!
Posted by Scott Paterson [Email] (#13) [Profile/Gallery] (more from Scott Paterson) on Sun, 27 Nov 2022 16:25:07 Members do not see ads below this line. - Help Keep This Site Online - Signup
As many of you know, I founded this non-profit in 2008:
#GivingTuesday - During the COVID pandemic, one of our funds had a surprising result: Our Personal Housing fund's repayment rate actually improved while our other funds had a decrease, as expected. The Personal Housing fund is a great way to fight poverty by providing a stable place to live. This helps people to get a job, keep a job, send their children to school, and have a safe place for children to be after school. Please help us grow our Personal Housing Fund with your #GivingTuesday donation (see link at bottom).
If the Personal Housing Fund doesn't interest you, we have funds for youth (24 & under), single parents, women entrepreneurs, USA-only borrowers, education, artists, and an honor/memorial fund to recognize someone in your life. You can choose your favorite fund on our donations page (see link at bottom).
About P2P: We have been making 0% interest loans since 2008 and have made ~25,000 loans with a 98.99% repayment rate. We have a 100% volunteer staff, so since 2008, over 97% of donations have gone directly into our loan-making program. When we receive repayments, we put them right back out in the form of new loans. Due to our repayment rate, the founding donation we received in 2008 will still be making loans in 2100.
_______________________________________ Saabnet.com Webmaster Saabs Owned: 1973 Saab Sonett III (Current) 1983 Saab 900 Turbo 1985 Saab 900 Sedan 1990 Saab 900 1992 Saab 900S 1999 Saab 9-3 Turbo 2005 Saab 9-2X Aero (RIP 95K/Accident-guy ran stop sign) 2005 Saab 9-2X Aero (Current) 2007 Saab 9-3 SportCombi 2010 Saab 9-3X Wagon Winner 1996 Saab Owners Convention Rally Novice Class Winner 1999 Saab Owners Convention Rally (All Classes) Also Founder of two non-profits: Poverty2Prosperity.org RunClubMenloPark.org
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