Vocational Training & Microfinance Empowerment

by Develop Africa, Inc.
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment
Vocational Training & Microfinance Empowerment

Summary

This project empowers individuals in Sierra Leone through vocational training such as tailoring/catering and computer/information technology to enable marketability and success in a challenging economy. Microfinance loans are provided primarily to young adults and women to effectively start and grow their small businesses. Small businesses are the life-blood of African economies and this is an excellent way to bring change.

$42,000
total goal
$16,964
remaining
211
donors
3
monthly donors
15
fundraisers
13
years

Challenge

The International Labour Organization (ILO) reported in 2018, "The prevalence of working poverty in Africa is still so significant that the African working poor represented more than half (56%) of the world's working poor in 2018, while African employment represented only 14 percent of global employment." Many young adults are unable to gain the expertise that will enable them to become self-sufficient. These youths are caught in a vicious cycle of powerlessness and poverty.

Solution

This project addresses the problem of a skills deficit by providing crucial training in marketable skills to those in need. Skills are vital for poverty reduction, economic recovery, and sustainable development. When possible, trainees are provided with a toolkit to help them start their own businesses increasing their chance of financial success. They also have the opportunity to receive a microfinance loan to start or expand their businesses, become self-reliant, and employ others.

Long-Term Impact

Technical and vocational training contributes to youth development by providing skills for self-reliance and entrepreneurship. This effective intervention combats poverty and increases the strength of local economies further uplifting the people of Sierra Leone. Individuals and small businesses are able to become self-sufficient; bringing one family at a time out of the cycle of poverty. As businesses become empowered, this contributes to a drop in overall poverty creating a stronger society.

Resources

Organization Information

Develop Africa, Inc.

Location: Johnson City, Tennessee - USA
Website:
Facebook: Facebook Page
Twitter: @developafrica
Project Leader:
Sylvester Renner
President, Develop Africa
Johnson City, Tennessee United States
$25,036 raised of $42,000 goal
 
378 donations
$16,964 to go
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