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Update on our current Orphan Care Providers (our Vendors) ***
Over the last year, our sponsorship level was stable, sponsoring 44 orphans (35 from Cameroon-One and 14 from Kairos).
(I also have kept a personal relationship with Compassion.com, but that relationship is on a personal level and does not affect the BBP P&L. )
Nevertheless, with the market cap of our coin remaining low, with no new outside donations, the current size of BBP's governance superblock can only cover the Cameroon-One relationship, therefore we had to downsize this month. The downsizing caused me to pause our relationship with Kairos (one portion of our portfolio that was not able to funded at all by BBP funds, over the last year), and this required me to cancel 13 orphans with Kairos.
I did give Andrew from Kairos a 60 day notice as well so he has time to start to place the remaining 13 children with other sponsors. On another note, recently, Kairos had 6 of our children quit the program (IE they naturally dropped out due to not attending the services any longer), so this worked well as far as making it an easier transition for us to only have to cancel 13 rather than 19 children. Our balance with Kairos is approx -$1,000 (IE we have a credit), therefore the funding will last to the end of the year.
If you get a chance, thank Kairos for their great service and pray that they are blessed in the Kingdom for their continual help for the children in their care. Also pray for their church plans to be lifted to God and approved so they have a place of worship.
Current BBP Portfolio Size:
https://unchained.biblepay.org/gospel/collage