Out of Debt

Through the extraordinary generosity of a friend who has been a long-time supporter of our ministry, we have paid off the last credit card debt that accumulated when we launched the Global Bag Project in 2008. We opened a home equity account to pay for purchasing portable camera equipment that works best in developing countries so that we could record the stories of the bag-makers. The $30,000 loan would also enable us to capitalize the start up of this idea to help women lift themselves from beneath the poverty line.

Great ideas being what they always are—more difficult than originally imagined—we weren’t able to do much more than keep up with the interest payments.

However, this friend’s gift, divided half between a 2012 donation and then half at the beginning of this year, enabled us to pay off all credit card debt, finish off the home equity loan, and pay back a small loan given to us by a ministry that seeks to help new businesses that specialize in microenterprise ventures, which is the nature of the Global Bag Project.

I can’t think of a more eloquent example of grace than this kind of donation given so freely and so cheerfully. Simply, God has paid off our debt. He and His Son agreed that an ultimate sacrifice would be made so that we would no longer have interest payments to make, and that we would also owe no more money. Sometimes I get used to this story of redemption, but being in ministry all my adult life, where we have been dependent for our very living on the generous offerings of not only friends but strangers, reminds me, quite frequently, of the joy, the exuberance, the wonder of having my debts paid.

When I called my friend to thank her for this huge gift, she said, “Well, God has been very generous to me. I also want to be generous to others.”

In 2 Corinthians 8:7 it says, “But just as you excel in everything—in faith, in speech, in knowledge, in complete earnestness and in your love for us—see that you also excel in this grace of giving.” Giving, on whatever level, is nothing more than understanding that God has been generous to us all—He has forgiven our debt—and we need to be generous to others. Dollar debt, forgiven, is an incredible metaphor for this unbelievable spiritual transaction.

I spy God!