Prayer Request

As this microfinance ministry grows, there are certain legal steps that Guatemala requires us to take; and since March, we have been working to formalize all aspects of the program with governmental and taxing agencies. So far, we have created a separate legal entity with the Guatemalan government that is a nonprofit association named CREER (pronounced “cray – air”) – that translates to Economic Growth with Real Hope (CRecimiento Economico con Esperanza Real). All good news! However, the second step of sending the approved paperwork to the taxing authority (the SAT – Superintendencia de Administracion Tributaria) has been a frustrating series of delays. Last week, we thought everything was finalized and after waiting three days for the official courier to deliver the paperwork to Magdalena, we received a phone call from our accountants (we cannot communicate with the SAT directly) saying that they could not find the address we listed and that we would have to resubmit everything. This week, we will once again be waiting and praying patiently for a positive response, and I ask you to join us in prayer that God may open a door for this program to grow through the needed approval with the SAT. As your partner in ministry here in Guatemala, I thank you for your role in this work and know that we will find a response together to these delays through prayer. Intercession is a powerful tool that God has given us; let’s use it!


Your brother in Christ,


Nick


P.S. I am in the process of writing a newsletter update, and I appreciate your patience since I have not updated my blog in many weeks.

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