CHF International, a non-profit dedicated to economic development in low and moderate income communities around the world, reports that:

Since 1952, CHF International has been assisting low-income people to build better lives and stronger communities.

Their annual report shows that CHF International made $68 million of loans to 247,378 individuals to improve their homes and businesses.

If CHF International had made an annual partial set aside of $100,000 per year for years 1952 through 2001 (50 years) to endow a development loan fund, at 8% compounded, by 2001 the fund would have amassed $57 million.

Assume they took one third, or $18,9343,415 to make development loans. Assume that they continued to invest the remaining capital for 25 additional years.

By year end 2027 (75 years), the fund would have a value of $263 million. Assume they take out one half, or $131.5 million for development loans, and invest the remainder for an additional 25 years.

By 2052 (100 years), the fund would have an estimated $901 million available for development lending.

The Potential

Investment: $100,000 per year from 1952 through year end 2002 (50 years)

At 8% Compound
Years Accumulated
Principal		 Transfer To Development
Loan Fund
By 2002 (50 Years) $57,377,016 1/3 = $18,934,415
By 2027 (75 Years) $263,273,199 1/2 = $131,636,599
By 2052 (100 Years) $901,509,983 All = $901,509,983