By Isaac Akohene-Asiedu | Executive Director
As of September 30, 2013, the Organization had committed approximately GH¢479,100.00 ($239,550.00) in micro-lending projects and two 15 kg second-hand clothing bales worth over GH¢5,000.00 ($2,500.00), besides training services in over 15 rural, urban and peri-urban satellite communities including: Moshie Zongo, Dichemso, Ash-Town, Asawase, Suame, Tafo, Kejetia, Dr. Mensah-Bolaho, Abrepo Junction, Bremang, Antoa-Kenyase, Dote, Krofrom, Kronum, and Buokrom – all in Ashanti Region. As of September 30, 2013, the Organization has supported over 1,380 micro-entrepreneurs and their families. It is estimated that each person with whom the Organization assisted also supports a family of five, which means the support is indirectly contributing to the prosperity of 6,900 individuals. Micro-entrepreneurs supported by the Organization, are utilizing the loans for home-based businesses such as cabbage/lettuce farming, shoe making, tailoring, and selling handicrafts, homemade foods, bakery-made foods, clothing and footwear. The Organization hopes to continue expansion of its projects through 2013 and in 2014 with your support.
The Foundation believes micro-credit with tailor-made training support is one of the best methods to help individuals lift themselves out of poverty through their own ingenuity. Sun Shade Foundation does not only help the poor with micro-credit and clothing support but also empower these women to sustain their climb out of the claws of poverty through well tailored training sessions. The objective is to encourage economic growth and sustainability by sharing our knowledge and access to resources with these women. The Organization is partnered with Sisters4siters INC. in providing outreach on projects such as campaign against Domestic Violence. Sun Shade Foundation plans to continue to expand its project portfolio with socially oriented and microfinance partners over time, thanks to your donations.
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