Gbawe Entrepreneurs Network, Ghana

 
$20
$14,980
Raised
Remaining
Jan 25, 2013

Seven receive micro-loans to start new trades!

Doris uses her loan to sell fruit
Doris uses her loan to sell fruit

The Lifelong Initiative Network (LIN) project helps to improve living standards by providing micro funding, business management training and the spirit of entrepreneurship.

In partnership with Sinapi Aba Trust, in November 2012 PAAJAF provided a total of $1950 in micro-loans to help 7 local unemployed youth and women to start new businesses. Another seven women have also been registered for loans in January 2013 – we will feature their news in our next update.

“How happy I am! As a recipient of Lifelong Initiative Network loan!  I was unemployed so this loan is going to give me hope and put smiles into my children education and family. I am going to use this loan of $200 to buy soap (Omo) and in future to open a shop.” - Millicent, age 31

Your donations support youth and women to receive business training from a facilitator to help Networkers manage their finances and improve trading skills.

The long-term aim of the project is to fund a thrift store, for new entrepreneurs to sell items and end poverty in the community. We are calling for help to support and raise awareness of this project - Email us at info@paajaf.org to give us a helping hand!

Three LIN Networkers want to share personal journey with you…

Why do you want to join Lifelong Initiative Network, Doris?

 “I am a petty trader and I trade in selling oranges, apples and bananas. I didn’t have money to invest in this trade so I couldn’t buy large amounts in stock, so that I can get some forms of income to take care of my children and support my husband. So when I heard about this LIN project, I decided I have to join, that is why I am here , the network would helps me to invest in my business so that I can be able to pay my wards schools fees”~ Doris

Evelyn is a 50 year old woman who trades in pito with a monthly income about $40. She has received her first loan of $350 through the network which is payable in 5 months time.  Her goal is to invest the money received into her selling maize and pito.  She can buy in large quantity and would be able to look after her dependants.

 “I trade in Pito, I think the Lifelong Initiative Network (LIN) is a program that would help the women in Gbawe Community. I heard about this program from a friend who is a member of the network and about PAAJAF – That the organization supports children and women.  So I decided to join the network if I could received any assistance so that I can look after my family” ~ Evelyn

The micro-loans through the LIN project are supporting the long-term unemployed to start new trades; Priscilla aged 24 says “I was unemployed. I am going to use the loan of $350 to start a petty trade by selling second-hand clothing this will help me to look after my son and my family. After the repayment of this loan, I want to apply for another loan that can help me to open a shop.”

The story has featured in media channels Vibe Ghana, Modern Ghana and Microfinance Nigeria.

Thank you for your support.

Millicent - How Happy I am!
Millicent - How Happy I am!
November micro-loan recipients
November micro-loan recipients

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Funded

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.

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Organization

Paajaf Foundation

Mallam-Accra, Greater Accra, Ghana
http://www.paajaf.org

Project Leader

Philip Appiah

Founder
Gbawe, Accra Ghana

Where is this project located?

Map of Gbawe Entrepreneurs Network, Ghana