Microfinance Beneficiary Discusses The Secret To Business Success
By Sylvester Renner - Project Leader
Abioseh - Successful Microfinance Beneficiary
It's our pleasure to again share another video from one of our microfinance beneficiaries - Abioseh. In this video, Abioseh is interviewed in Krio (local language) by Joanne, one of our Coordinators in Sierra Leone. The video is sub-titled in English. The video is insightful because it shares her perspective on the secret to her success. She explains that thanks to the funds received was her business has progressed. She has been able to expand / add more items to the business - which she was not able to do before. She also has more stock at her home business. This has helped a lot because she does borrow money from anyone. She explains that she is able to conduct her business independently.
Secret to Business Success: When asked why she has been successful in repaying funds loaned, Abioseh says that other people do not have "business skills". She says (translated) "they should learn skills to help them to know how to do business. I was born into a family that ran a small business. I am always prudent and skilled in allocating my resources. In addition I can also manufacture one of the items I sell ..."
She closes the interview with a message for Develop Africa donors, Global Giving donors and partners - "I am continually thanking them for everything that they have done and are doing. I really praise them as one would praise God because of the way that they have helped. I am able to support my grandchildren. They have increased my finance which puts the business in a better place. ... I pray also for them so God can continue to bless them.
In an article by Finca on microfinance - Is microfinance an engine of development? Finca says yes. The article clearly demonstrates that "on one level, and in the right circumstances – microcredit can yield tangible results for the world's poor, whatever its critics might say." This is clearly trhe case with Abioseh and countless others. We are together through this project making a real difference.
Construction Update: In other news from Freetown, construction is in progress at the Develop Africa Empowerment and Training Institute. This institute is one of our launch pads for microfinance training / support and we need approximately $2000 USD to complete construction. Please make a generous donation today that will help us complete this center. Thanks for your support.
Your Donations Matched on June 13th: GlobalGiving will be matching donations on June 13th. This is a great time to make a donation as the funds donated will go even further.
Upcoming Father's Day Gift Suggestion: In closing, we wanted to let you know of the on-going opportunity to make a donation in honor of the special person in your life. A donation to this project is a fantastic (and easy) gift for Dad on Father’s Day! You can make a donation as a gift to your Dad on this project by selecting the third giving option, “gift or in honor of,” under the orange donate button on the project page. GlobalGiving will then send your Dad or the gift recipient an email, print-at-home, or physical card. GlobalGiving offers several fun card designs and you will have the option of choosing a design customized for this project, using the project’s main photo (this option is available for email and print-at-home cards).
Fathers - you can also request this as your Father's day gift!
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