The following new loans have recently been approved and completed through the Grace Brethren Investment Foundation, Inc. to Grace Brethren churches:
$75,000. first mortgage loan to the Harvest Christian Church of Rialto, 690 West Etiwanda Ave, Rialto, California (Pastor Mitch Cariaga). This loan was the church’s transfer from a local lending institution to GBIF.
$300.000. first mortgage loan to the Iglesia Comunal La Esperanza (Pastor Jesus Munoz), 407 South Saint Cloud Ave, Valrico, Florida to construct a multi-purpose facility on the church’s two acres of land.
$1,230,000. first mortgage loan to the Grace Community Church of Fremont, Ohio (Pastor Kevin Pinkerton), 900 Smith Road, Fremont, Ohio. This loan was the church’s transfer from a local lending institution to GBIF.
“GBIF is honored that these Grace Brethren ministries have chosen to partner with us in the work of the Great Commission. We will look forward to working with them in future mission endeavors for the glory of God,” said Ken Seyfert, Executive Director of Operations for GBIF.