Project Report
| May 18, 2011
The Power of a Microloan for a Businesswoman
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Joyce Opoku dreamed of starting an early childhood care and learning facility that would provide children living in poverty with a good foundation for first grade. In 2005, the Lucky Child Daycare Center opened with seven pupils in her father’s concrete block house in a poor suburb of Kumasi, Ghana. Then in 2009, the center was invited to become part of the IDP Rising Schools Program, a unique partnership between Opportunity and the IDP Foundation, Inc.
The program’s goal is to boost the development of existing, but very poor non-governmental schools for disadvantaged children throughout Ghana. With a focus on helping schools improve business management, administrative effectiveness and teacher development, the program also builds a sustainable, holistic, educational model that can be replicated throughout the developing world.
Joyce received 16 weeks of training in business management and accounting skills with Opportunity International, and a six-month loan to make physical improvements to the school. Now that she has repaid the loan, she is requesting a second loan to buy a permanent piece of land. With support from the IDP Rising Schools program, Joyce is helping 150 children embark on the path to a better future.
(Impact Newsletter, Spring 2011)
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