SMILES
Micro-Business to promote
EVANGELISM and SELF-SUFFICIENCY
After 20 years of post communism and a free market economy, Romania
still faces numerous challenges to bring adequate financial support to
the families struggling with life which The Smiles Foundation supports
each day.
Unlike developed western nations there is very little to no welfare even
for the poorest people. Romania joined the European Union in 2007 and
though some progress has been made the poor and weak continue to suffer
because of
corruption, a sluggish economy, and government inefficiencies.
The
Smiles Foundationbegan its work in
Romania when Kevin Hoy (Smiles Founder and Chief Executive) along with
Welsh International Artist
NIA
visited Romania in 1990 just months after the fall of communism. From
its simple beginnings, today’s organisation manages over 18 active
projects, serving over 1,300 people, employing more than 60 staff in
Romania, and relies on regular giving from over 500 committed monthly
supporters.
The Foundation’s website details how the projects operate which over the
past 8 years has included infrastructure development with a School,
Nursery,
Emergency Housing Unit,
Community Centre,
Family Crisis Facility
and a
Mission Centre
for visiting guests. More than £3.5 million ($5.6 million) has been invested
in infrastructure assets plus £2.8 million ($4.5 million) in operational
support. The Smiles Foundation is able to manage significant resources
and achieve magnificent results.
A Foundation you can trust.
The businesses the
Foundation has the opportunity to invest in is firstly the purchase of a
FARM(Dairy, Beef & Arable) with a
second opportunity being the establishment of a
HORTICULTURALbusiness (growing
Plants under Glass).
PHASE 1 – the FARMis up for sale at
£550,000 ($880,000)
PHASE 2 – the GLASSHOUSE
requires Capital for set-up of £230,000 ($368,000)
The Farm
is a going concern, currently generating
an annual profit of £59,000 ($94,000) The Farm is wonderfully located on
the border of Oradea city limits with a town called Nojorid. The live
stock is of an excellent breed and the Farm currently works 700 acres of
quality fertile land. Expert and experienced consultants have advised us
the Businesses are prime candidates for European Grants.
The Glasshouse
is proposing to be developed during 2010,
with first trading in spring 2011 and it is projected that by 2013,
combined with a developed and increased Farm operation, will be
contributing £100,000 ($160,000) profit per annum to be covenanted to
The Smiles Foundation to support the poor and increase evangelistic
outreach through all the Foundation’s projects.
The Smiles Foundation
wants to commit to purchasing the FARM
and to facilitate it, needs to raise the Capital by way of Donation or
Loan. The current owner, a Godly man and keen supporter of Smiles and
its projects, is working to assist Smiles as much as possible in the
acquisition before retiring from Farming after 42 years in the business.
Having moved ahead in faith, Smiles must
now meet the terms of the purchase agreement for the FARM with the
following payments within the next 180 days.
FROM JANUARY 1st
2010:
UK Sterling
US Dollar
Within 30 days £ 17,500 $ 25,660
Within 60 days £ 7,500 $ 11,000
Within 90 days £ 257,500 $ 377,660
Within 120 days £ 7,500 $ 11,000
Within 150 days £ 7,500 $ 11,000
Within 180 days £ 302,500 $ 443,680
____________________
£600,000 $880,000
The Smiles Foundation is asking you to consider
sharing the opportunity with us by making a Donation or Loan using one
of these 3 Options
¨A
DONATION
to Smiles FARM Project. (UK Gift Aid/US Tax Deductible)
¨An
INTEREST FREE LOAN
to Smiles for the FARM Project.
The amount of donated Interest, by nature of being
Interest Free, can be
UK Gift Aid/US Tax Deductible)
Min 3 Years/Max 10 Years – Loan Term & Repayment Plan by agreement.
¨A
YIELDING LOAN
at 5% Per Annum Interest (0.4167% per
month)
Min 3 Years/Max 10 Years with option to repay early without penalty. All
INTEREST paid annually. Repayment Term of Loan Capital by agreement.
This is a very
special opportunity to invest in a Business aiming to provide an
annual HARVEST into the work of
The Smiles Foundation. This means your
support, whether by Donation or Loan, is enabling a constant and
regular
donation to be made to Smiles.
Remember - the PROFIT from these businesses is projected to
contribute £100,000 ($160,000) each and every year from 2013.
That is very special. Please help us now.
Confirm your interest or ask your questions direct with
The Smiles Foundation Chief Executive: Kevin Hoy E-mail:
kevin@thesmilesfoundation.org
Telephone: UK – 0113.276.5060 / US – 423.239.9525
