
2020 VISION LOAN PROGRAMME
Can you support the 2020 Vision with a loan to St. Andrew’s Church?
- To date we have raised over HK$94 millions (60% of budgeted cost – HK$155 millions) towards the construction of the Life Centre. Cash available to meet contractual needs will only cover payments until end January 2014.
- While other major fundraising initiatives continue (especially to potential outside donors), there is a need to cover ongoing contractual payments from January 2014 onwards.
We are appealing to all church members who are able to help with a bridging loan facility for support so we can maintain our contractual payments after January 2014.
Outline Terms of loan
- Minimum HK$100,000 (or multiples thereof)
- Period: Minimum 3 years
- Interest free
- Repayment to be made on time priority basis
- Subject to formal legally binding loan agreement
- Starting date: 1 January 2014
Further details and discussions in full confidence can be arranged with Juliana Wong (Executive Director, 2020 Vision); David Chui (2020 Fundraising Committee Chairman) or John Mitchell (Finance & Management Committee Chairman) Email with your name, contact no. and the service you attend at St Andrew's.