The Survivors Micro Entrepreneurship Program has continued to grow as we recently identified and supported a new participant. A new member has just joined the team of micro entrepreneurs benefiting from the program and the generosity of our donors. The new business initiative is a meat grill attached to a beer parlor commonly known in Cameroon as Soya. The team at GLOWA organized an interactive session with active small business individuals to share experiences with the program participants this quarter.
The repayment of start-up capital is progressing though with challenges from some of our earliest participants. GLOWA is exploring the options of starting and operating a separate account for the project with a micro finance establishment in Bamenda.
We are glad to inform you that our program recently graduated one of it participants. From the onset of the program, Wilma opted to start with taking sewing classes instead of pursuing a business We are glad to inform our valued supporters that thanks to your generous support, she recently graduated from the sewing classes she opted to take. The Program was also able to buy her a manual sewing machine. She is presently being mentored to start her own sewing business. We shall continue to count on your generous support to further empower Wil and others in her situation to become an inspiration to other young women in their communities and also be a frontline child trafficking abolitionists.
We are excited to communicate with you through this report to be able to give you an idea of what has changed in our efforts to Empower Survivors through Micro-entrepreneurship. Your generosity has enabled us to continue to give visibility to our project and build the capacity of our program participants in public speaking and marketing techniques. Wily who opted to be trained in sewing is doing great and should be graduating in the coming months.
During the period under review, our small business development officer finished the mentorship period with Uncle Mike (pseudo name) to develop a business to sell roasted meat commonly known in Cameroon as Soya. He subsequently received a start-up capital of XAF100,000 from our revolving loan scheme thanks to your generous support. We organized a hands-on training with our participants on online marketing and cultivating customership.
Our major challenges so far has been the limited resources to admit many other deserving participants into the program due to limited funds. start a road side grille (Soya Business). One of our participant is preparing to graduate from sewing
We continue to count on your generosity for the project to continue to grow its impact.
During the period under review, GLOWA continued to monitors the five beneficiaries of the project to make sure their activities are developing as previewed. Our street side restaurant owner continued with the repay of her interest free loan while the trainees are progressing. A major part of this quarter was concentrated on evaluation both for the complete program and the beneficiaries
Efforts were made to recruit fundraiser for the project with a few editing carried out on the project presentation.
A major achievement of the project this quarter was the admission of one more beneficiary into the project. Uncle Mike (his pseudo name) is starting a roadside grill commonly called soya in Cameroon. The business shall sell roasted meat. The project is helping him in developing a sustainable plan for the business. When this is done, he will receive support with interest-free loan to start the activity.
We also carried out a visit to the road side restaurant and got some video of our project participant and a picture of her at the market place. Monitoring and evaluation has been an ongoing part of our initiative.
The challenges imposed by COVID-19 brought many financial constraints to bear on our project. Nevertheless, GLOWA has continued to support our five survivors who had been enrolled in the project to acquire vocational training, maintain backyard poultry farming, and to operate a road side restaurant.
The greatest challenge that our project has been the absence of additional income through donations which made the acceptance of new deserving participants (beneficiaries) very difficult. In respond, GLOWA maintained the five participants of the project. We have continued to have one-on-one interactive sessions with the five participants of the project.
The most promising of the participants runs a roadside restaurant. She has expanded the restaurant to include soft drinks and recently initiated a repayment of her interest free revolving loan one year after she collected the money. She has persistently maintained the benchmark of the business development plan
With the repayment of the loan already kick-started, we see a great need to expand funding for the project. In this regard, GLOWA is proposing to edit the project on GlobalGiving to include the vocational training component for rescued victims
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