Church Hill Civil War Home Provides Loan for Civil War Survivor in Sudan

A little while ago, I had the good fortune of helping some friends buy a home in Historic Church Hill.  I thought I’d post a few pictures and let them tell you about the process.  I also thought it was cool that they bought a pre-Civil War era house, which is now connected in a small way to a young woman in Sudan, who is living in the aftermath of her own country’s longstanding civil war.

When I need to know a piece of history about Richmond, Richard is my go-to guy.  So it seemed appropriate that he would be the person to buy this little gem in Church Hill- right above Libby Hill Park- and care for this living piece of history in the decades to come.

The house was built circa 1850

I asked Richard a couple questions:

Me: This is a very special house in a wonderful location, and complete with a well preserved servant’s quarters and an English Basement.  What were the things about the house that stood out to you?
Richard:  1850 is the vintage as far as I know, we value historic houses and were happy to find one whose owners had a sense of stewardship for the place.  We appreciated that though it had been a duplex, the renovations were sensitive to the historic materials and done to last.

Charming streets complete with gas lamps

 

Libby Hill Park, just down the block

Me
: You got to choose who would receive a loan to be tied to the purchase of this house.  Why did you choose Lucy Peter?

Lucy will use her loan to expand her business of buying and selling fish in the local marketplace. Click photo to learn more

Richard: It was a joy to choose a loan to Lucy Peter in South Sudan, and giving this loan reminded us how amazingly fortunate we are in this country to have a  banking system that functions well for so many people.  A 4% loan in a country that is fairly stable economically is surely rare in this world.  I wish everyone buying a house could have the opportunity to tie it to a loan for someone in a country where loans are so much harder to come by.
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2 more houses in Church Hill have also contributed to the success of struggling entrepreneurs around the world.  If you want to, you can learn more about those loans by clicking on the pictures of the loan recipient below!

Mawar women expanded their farm in Indonesia

Wahhab started a motorcycle repair shop in Iraq

Jay McGee used to live in Southeast Asia, doing language research and literacy development. Now he’s a Real Estate Agent with Compass Realty. He gives a microloan to somebody in a developing country every time someone in Richmond buys or sells their home with him.  Learn why here.
Contact: jaymcgee.kw@gmail.com

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