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$225 microloan for Adelfa buys more stock of rice to sell
Dr. Joe Johnson (Welfont Joe Johnson) funded a loan to Adelfa, a rice seller in the Philippines.
As a married mother of four children, Adelfa works hard to support her family. She has a rice retail business in the Philippines.To help her improve her business, Dr. Joe Johnson funds a microloan for Adelfa.Adelfa is borrowing 10,000 PHP through Negros Women for Tomorrow Foundation, Inc. (NWTF) to buy more stock of rice to sell. Adelfa has been sustaining her business activities through her previous loan from NWTF. She hopes that her hard work will help her attain her dream: to save money to expand her business. With this loan, Adelfa will be able to buy enough rice to keep her inventory high enough to prevent a dry period. This can help to prevent her from losing customers, and it can help her meet the demand for her business. Rice is a very popular food in the Philippines, so there is a strong market. Having a fully stocked rice inventory can help Adelfa’s rice retail business to flourish.
The average annual income in the Philippines is only $7,000. So the $225 that Adelfa is receiving from Dr. Joe Johnson can go a long way toward helping her business. If Adelfa can keep growing her business, then it will be easier to take care of her four children.Dr. Joe Johnson; a Microloan PartnerDr. Joe Johnson’s (Welfont Joe Johnson) field partner for this loan is the Negros Women for Tomorrow Foundation, Inc. The NWTF is a non-governmental organization established with an aim to help men and women achieve self-sufficiency, particularly in the province of Negros Occidental’s low-income communities. The organization offers its clients a wide variety of products, including loans for micro-entrepreneurs, hospital income benefits, life insurance, accidental death benefits and more.
Kiva lenders’ funds will be used to expand the reach of these products to low-income urban and rural communities. Together, Kiva lenders and the NWTF are helping many people in the Philippines to access loans and other resources that can truly help their lives. There are many eager entrepreneurs in the Philippines who are trying to find ways to grow their businesses and increase their incomes.
If you would like to help some of these entrepreneurs by providing a microloan, please feel free to visit Kiva today!Dr. Joe Johnson has helped Adelfa tremendously by providing her with this microloan. There are many people like Adelfa who could use your help. So please don’t hesitate if you are interested!
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$300 Microloan Buys Produce: maize flour, rice, beans for resale.
Dr. Joe Johnson (Welfont Joe Johnson) funded a microloan to Mucece, a food retailer in Kenya.
Mucece’s MicroLoan Story:Mucece is a married woman with four children, all of whom have completed school. She owns a house that has no electricity, but has piped water. Her greatest monthly expense is food. For the past three years, she has operated a cereal shop business, selling to her neighbors and passersby. She mentioned seasonality and theft as her major challenges. With the KES 30,000, she wants to purchase maize flour, rice, beans and two bags of maize for resale. She decided to join Yehu to access loans to boost her business.
A $300 microloan buys produce to help Mucece reach her goal.In Mucece’s native country of Kenya, the average annual income is only $1,800. This means that the microloan of $300 can significantly help Mucece with her food retailing business. With this money, she can buy the supplies that she needs to keep her business well-stocked.MICROLOAN PARTNERThe field partner for this microloan was Yehu Microfinance Trust. Yehu Microfinance Trust was founded in 1998 as a project of CHOICE Humanitarian Kenya.
In July 2007, Yehu became a separate entity from CHOICE and was registered as a trust. Since then, Yehu has expanded to cover over half of Kenya’s 13 coastal districts.The services that Yehu Microfinance Trust provides can significantly help entrepreneurs in Kenya who need to find ways to access capital. This organization helps connect investors, or charitable loan providers with entrepreneurs who are in need. This service can be invaluable to entrepreneurs who are trying to grow their businesses.
Dr. Johnson (Welfont Joe Johnson) has successfully funded the $300 microloan to Mucece. Dr. Johnson will not collect interest on this loan. It is purely a humanitarian endeavor which he is participating in to help make the world a better place. Mucece will still have to pay interest to the Yehu Microfinance Trust, however. This is because the Yehu Microfinance Trust still needs to make money to stay economically feasible, so it can keep providing its services to those in need.
This loan can help Mucece take her business to the next level, with the ultimate goal of getting the business to complete self-sufficiency. There are thousands of entrepreneurs in underservedcountries who need access to capital in the form of microloans. If you would like to provide a loan to such entrepreneurs, please feel free to visit the Kiva website today. Thank you!
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Goodfield Investments - Welfont Joe Johnson
STARTUPS GoodField provides strategic and capital support for startups, entrepreneurs, and start-up leaders pursuing a better life throughout the U.S. FINDING "GOOD FIELDS" GoodField is about finding good fields. That means entrepreneurs with good concepts. Whether it’s a startup, real estate, or ministry investment, we sow seeds of capital and strategic support. Once the seeds are planted, they must be cultivated, watered, weeded, and nurtured (strategic support). Great care produces a great yield (return on investment). This process succeeds through partnerships of entrepreneurial leadership and GoodField working together for high impact. ABOUT THE NAME The name GoodField comes from Jesus’ teaching from the parable of the sower recorded in the Gospels. Mark 4:20 says: “Others, like seed sown on good soil (good field), hear the word, accept it, and produce a crop—some thirty, some sixty, and some a hundred times what was sown.” WHAT MAKES US UNIQUE? GOODFIELD is a nimble, out-of-the box, results-driven company, led by Dr. Joe Johnson (Welfont Joe Johnson) . The organization’s exclusive purpose is finding and making good, strategic, and profitable investments without the conflicting goals and values inherent with different stakeholders such as partners, investors and funds. WHO IS BEHIND GOODFIELD? Joe Johnson, PhD Entrepreneur. Investor. Startup Expert. As founder of GoodField, Dr. Joe Johnson is an entrepreneur, investor, and startup expert. Joe has a PhD in entrepreneurial leadership and an MBA. He is the author of the upcoming book on the science of why most entrepreneurs fail and some succeed. ABOUT THE GOODFIELD ADVANTAGE GoodField is a small, nimble and out-of-the-box company led by Dr. Joe Johnson (Welfont Joe Johnson) . Our company is organized for the exclusive purpose of finding and making efficient, strategic, and profitable investments in high-growth startups and distressed real estate without the distraction of multiple parties, such as partners, investors and funds. Good Field is not an investor group with a bunch of affiliated individual principles living in the same region and funding deals together. Additionally, GoodField is not a venture capital company, a real estate or a fund that raises money from others to invest in companies. The advantage of GoodField’s model is that its formula does not have to fall within a “box” to meet certain investment and regulatory standards, covenants, and practices like most venture capitalists. This financial freedom allows for flexible creativity to provide the most effective strategic funding support for the right startups and real estate deals. Through the leadership’s unique and vast entrepreneurial and investing experience, GoodField provides a unique set of strategic support for high-performing entrepreneurs not found anywhere else.
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WELFONT JOE JOHNSON
Industry Experience
Dr. Joe Johnson is an entrepreneur, investor, and start-up expert. He has worked and studied the field of entrepreneurship and organizational leadership for over 25 years.
Over these years, Dr. Johnson (Welfont Joe Johnson) has launched and funded over a dozen start-ups, mainly in small and high-growth companies. Additionally, he has over a dozen years of commercial real estate investing experience buying over 10 million sq. ft. of property spread out over dozens of states.
He is the founder and principal of GoodField Investments, which is his main investment company. Johnson uses the company to fund new startups and his own personal investments in real estate or other unorthodox ventures. He is the Founder of Welfont, a startup that is one of the nation’s fastest growing real estate organizations (www.Welfont.com).
His biggest professional passion is GoodField Foundation, which is a Ministry Investments group funded by Dr. Johnson and dedicated to funding entrepreneurial research, entrepreneurial ministries, and underprivileged entrepreneurs throughout the world.
Entrepreneurial Leadership
From time to time, Dr. Johnson will lead one his start-ups as a Founder CEO, during the more tumultuous start-up stages before the concept either succeeds or is proven not to work. If the concept is proven, he then turns it over to a new CEO that can scale the initial concept with success. As a Founder CEO, he leads new start-ups with an entrepreneurial spirit, visionary strategy, organizational discipline, venture capital accountability, and over 25 years of experience.
Joe has a PhD in Organization Leadership majoring in Entrepreneurial Leadership from Regent University and an MBA from Ashland University. His doctoral and ongoing academic research is focused on studying variables that lead to high performance entrepreneurial start-ups and organizational leadership.
As a born entrepreneur, Joe’s first business was a landscaping business, complete with industrial equipment, trucks and several employees. He quickly figured out that he could make more money by getting more jobs. He had his first employees before he was old enough to have his driver’s license.
Eventually, Joe became a full-time college student, captain of his collegiate swim team, and academic scholar athlete, all while running his business with as high as 20 employees.
Upon earning his MBA degree, he worked on developing an entrepreneurial career with all the peaks and valleys.
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DR. JOHNSON’S LEADERSHIP COMES FROM YEARS OF EXPERIENCE
GoodField Investments is led by Dr. Joe Johnson, (Welfont Joe Johnson) an entrepreneur, investor, and startup expert. He has worked and studied the field of entrepreneurship and organizational leadership for over 25 years. Over these years, Dr. Johnson has launched and funded dozens of startups, mainly in small and high-growth companies. Additionally, he has more than 12 years of commercial real estate investing experience and has bought over 10 million sq.-ft. of commercial real estate in dozens of states. Dr. Johnson is the founder and principal of GoodField Investments, which operates as his main investment company to fund new startups and his own personal investments in real estate or other unorthodox and creative investments. GoodField Foundation, which Dr. Johnson also funds and runs, invests heavily in high-impact ministries, microloans to underprivileged entrepreneurs and entrepreneurial research. Additionally, he is the Founder of Welfont, a startup that is now one of the fastest growing real estate organizations in the country (www.Welfont.com).
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REAL ESTATE – WELFONT JOE JOHNSON
The name GoodField comes from Jesus’ teaching about the parable of the sower recorded in the Gospels. Dr. Johnson (Welfont Joe Johnson)and his family have set-up a Ministry Investments group, called the GoodField Foundation. GoodField invests in Startups looking to scale, distressed high yield commercial real estate opportunities with quick closings and non-finance contingencies and opportunistic “out of the box” investments. GoodField invests in high-yield distressed commercial real estate opportunities with quick closings and no financial contingencies throughout the U.S. Real Estate Investment Criteria 1. Commercial real estate with significant upside potential. 2. Prefer distressed, vacant, or non-income producing assets in need of fast and significantly discounted disposition. 3. Deal size – Anywhere between $250,000 to $10,000,000. 4. All types – From industrial to office, retail, mixed use, multi-family, luxury residential, land, redevelopment, special facilities, hospitality, and healthcare. 5. Location – Anywhere in the United States. Advantage For Selling To Goodfield 1. Fast decision making. 2. Quick closings. 3. Self-financed. 4. No contingencies.
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WELFONT JOE JOHNSON
Who Is Welfont Welfont is a national commercial and residential real estate company specializing in providing real estate investors and the nonprofit sector with a wide range of services, including brokerage representation, advisory, marketing, underwriting, due diligence, financial services, asset management, and dispositions. Welfont (Welfont Joe Johnson) manages each investment from deal sourcing to underwriting to acquisition and disposition while helping our clients maximize their return-on-investment. ABOUT OUR COMPANY: The Welfont Companies, based out of Tampa, Florida, have won first place in the 2018 Inc 5000 list of the fastest growing real estate “brokerages” in the country! The Welfont Company is a boutique commercial and residential brokerage firm providing a wide range of services and creative solutions to real estate investors. We specialize in helping our clients locate, negotiate, acquire and dispose of properties throughout the United States. We have become the subject matter experts on our niche transaction types as we guide our clients through the process of utilizing many different tax strategies, valuation techniques, investment systems, buying approaches, and lead generation methods to help them optimize their return on investments. Mission To provide exceptional real estate services that help our clients’ achieve their goals. Vision To be the national leader in serving nonprofit organizations with their real estate needs. Careers Join the Fastest Growing Real Estate Brokerage in the Country! Welfont is committed to fostering a culture that supports diversity, creativity, business development and collaboration. Joining Team Welfont is a step towards exciting career opportunities ready for the taking!
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Pass Your Unproductive Property Off
You’re deeply involved in watching your favorite team play a critical football game when suddenly you realize that if the quarterback would just pass the ball to the guy open downfield, your team might just win. So, you end up chanting “pass the ball” and groan when he doesn’t. You may be holding onto a property you desperately need to pass off, but you’re waiting for the real estate market to improve or some other reason to sell it. In this case, you may not see that opening downfield.
A 100-year-old IRS code – the 170 Bargain Sale – was originally created to encourage philanthropy, but also offers a brilliant solution to this situation.When an asset is simply accumulating costs – taxes and maintenance – with no relief in sight, it’s time to hand it off to someone who can put it to good use.With the Bargain Sale, you can offer a nonprofit your asset at a significantly reduced price, receive cash at closing and receive a charitable contribution deduction for the difference between the sales price and fair market value.
When faced with a large tax bill, this deal sounds even more attractive, since the charitable deduction can be used in one year or over five years. This strategy gives the owner of a tired old building or neglected patch of weeds an opportunity to both rid himself of a burden and do something significant for his community. It may be time to consider one of the oldest tax strategies on the IRS books – the 170 Bargain Sale. To better understand how theIRS Section 170 Bargain Sale can help you pass off your slanging property, connect with an expert, Dr. Joseph Johnson (Welfont Joe Johnson) and his team at Welfont, today.
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