29th November 2017
On the first anniversary of support, Miracle Home conveys its heartfelt gratitude & thanks to 1131 supporters & to Milaap !!!

—Miracle Home was established in the current location in 2011 for a rent of Rs.8000/- pm; which has remained same, thanks to the understanding of landlord. But now the landlord has indicated that property has been transferred to other family members and the land is planned to be sold.
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In finding a new location, a few considerations based on current challenges and learning - have been identified. These have been shared in the attached file - "Miracle Home New location - reason & considerations".

Also attached is a request letter from Sivaji and Prema towards support for shifting to a new location with a long term focus for sustainability and stability..

Based on initial search, following is the summary:
—1. 10 years lease deposit estimated at Rs.30 lakhs. Rental option expected to be higher at Rs.35000 pm, with increase over time. Hence, lease option is better.
—2. Two months ago, Rs.7 lakhs, from the money given by Milaap supporters for running expenses, was put away in Fixed deposit towards building the fund for New location.
—3. Miracle Home needs Rs.23 lakhs more to find a new location that will give sustainability, safety and joy for children to grow up.

We have therefore increased the goal amount of this fundraiser to raise the 23 lakhs required for the lease deposit.

Kindly have a look at the 2 attachments.

 
Grateful as always for your understanding and support to provide the opportunity for 23 orphaned children to realise their potential and to Sivaji and Prema in their selfless initiative to provide a home of love and care to these children.

God bless!

Venkatesh