We’re working to raise funds to complete our campus construction
We invite you to invest in this mission of educating students and equipping bilingual servant-leaders to transform the nation of Colombia and the world.
Do you want to be a part of what God is doing here?
Give by Check
Please make checks payable to: RCE International. Please include the account number #11120 on the memo line of your check or on a separate sheet of paper.
Last Update: January 20, 2020
ECA has 2 loans. The first is for 185 million. The second is for 378 million. Added together they = 563 million outstanding money that ECA owes to Bancolombia at an interest rate of 9% annually (563 million COP = $187,000 USD)
- 1st Loan now: $83 million COP
- 2nd Loan now: $265 million COP
- Total Debt today: $348 million COP
Annex building: Foundation and structure 1.7 million per square meter at 400 sq. meters = 680 million pesos – $227,000 USD To finish the building completely Total: 1.280 million COP – $427,000 USD
Third floor: Total: 600 million pesos – $200,000 USD
Gym: Façade, bathrooms and offices: 300 million pesos Gym floor: 200 million pesos Infrastructure: 50 million pesos Bleachers: 80 million pesos Total: 330 million pesos – $100,000 USD
Exterior: Gardens, sidewalks, asphalt, etc. Total: 200 million pesos – $66,000 USD
Total: $1.2 million USD