During the acquisition process of the Mei Foo premises, our Board of directors has put great effort into securing a bank loan with a low interest rate, but we still have to pay a monthly interest of Hong Kong Dollars Seven Hundred Thousand ($700,000).
Apart from donating to the Campus Development Fund for Mei Foo, we would also like to invite you to support us with an interest-free loan in order to minimize our interest expense burden. Taking into account the Seminary’s repayment ability and to minimize the amount of administrative work, it is our hope that each loan tenure can be at least three years in duration.
If you would have any enquiries on the provision of interest-free loan, please contact our Administrative Officer, Mr. Cheng at (852) 2794 2709 or email cwk@evs.edu.hk.
