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4.7 Personal finance and obtaining project funding
For many posts overseas and almost invariably with mission agencies or on short term visits, you will have to find your own funding. Government and Aid Agency positions are usually either paid or offer some degree of assistance with travel and living expenses. Doctors needing to raise finance will often find that the money they need in their own bank accounts or savings deposits! Local churches, wider denominations and personal friends may help.
Get advice about your personal finances before you go and ask a friend who knows your financial arrangements to be available to help, if need be, while you are overseas. Such a person can be a great help in transferring monies, paying bills etc.
Stewardship Services have recently published 'Funding the family Business' by Myles Wilson.
A very practical, biblical guide to raising and managing personal finances. (See Appendix 3)
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As far as funding for projects that you may have in mind
You will find some ideas at http://www.healthserve.org/pages/
Funding Agencies may send you reams of paper to fill in but in general, applications should be brief and to the point, giving a brief CV and the nature and aims of the project, the organisation and persons you will be responsible to, the exact time period and an itemised list of expected cost.
A well-presented single side of A4 is more likely to receive a reply than a 99-page thesis!
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Acknowledgements
My thanks to Chris Lavy, Eldryd Parry, Ian Spillman and Nick Wooding, all of whom have worked overseas and have a continuing involvement, for their helpful comments and advice.
First edition 1994 - Entitled ‘A Medical Missions Handbook’ by Peter Saunders.
Second Edition 1998 (updated April 2000)
Third Edition September 2003 - by Peter Armon
Fourth Edition 2007 – renamed ‘Working Abroad’ - totally revised & rewritten by Peter Armon
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the CMF.
Christian Medical Fellowship
6 Marshalsea Road
London SE1 1HL
Tel. 020 7234 9660
Fax 020 7234 9661
Websites:www.cmf.org.uk and www.healthserve.org
Christian Medical Fellowship is a registered charity No. 1039823
DISCLAIMER
While seeking to be accurate in all the details contained in this document, CMF cannot be held responsible for the information contained in this booklet. The reader should double check the information for him/herself
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