In the Fall of 2015 Love INC launched an exciting new program: the Stewards of Hope Money Match Program. Stewards of Hope affords Love INC’s Relational Ministry participants the opportunity to receive matched funding towards savings used to pay off an approved debt or to make a critical household purchase.
In order to reap the benefits of the program, students complete an application to the program and turn in weekly spending records at class to show their progress toward their goal. Once the participant has met his/her part of the savings goal, Relational Ministry staff verify the amount saved and release the matched funds from Love INC. Payment of matched funds is made directly to debtors and/or vendors once the participant has made payment of their portion.
We are celebrating our first payment made this week! “Laura” made two $50 payments towards two different debts during winter term and fulfilled all of our program requirements (attending class, completing her homework, filling out monthly spending sheets, etc.). We were able to match her debt repayment dollar for dollar. She is now motivated to continue slashing her debt and we look forward to matching her after this next term is over!
Stay tuned for more great testimonies of God’s faithfulness to provide the financial means for Love INC clients!
“Do not withhold good from those to whom it is due, when it is in your power to do it. Do not say to your neighbor, ‘Go, and come again, tomorrow I will give it’—when you have it with you.” – Prov. 3:27-28