
Help youth and women become entrepreneurs
Let’s end poverty and illiteracy in Ghana. You can change lives from any simple action.
In Gbawe community in Ghana women constitute a significant proportion of contributing family workers. They are less likely to engage in wage employment than men, and when they do, they are more likely to hold part-time, seasonal and/or low-paying jobs in the informal economy. The proposed project aims to improve financial conditions of women in Gbawe community by offering and supporting entrepreneurial opportunities among them. The project will assist youth and women in creating a community network that will generate project capital. It will also provide intensive literacy and financial knowledge training sessions to help build capacity for innovative initiatives. In the end of the training, participants will be equipped with skills to establish and run their own enterprises in the community. The project is to support 120 youth, women and single mothers to establish their own profitable enterprise
- Capacity Building
- Capital creation Loan
- Literacy Training
- Business Management Training
- This is a four week training,/3 times a week, followed by training every two weeks till end of project timer.
- It will be conducted to each year new beneficiaries.
- It will help them to be able to read and write those who could not get change to go to school and are unable to even identify English alphabet and not able to read or write, to be able to identify, read and write. Under this literacy training, the participants will leaning English language, basic mathematics and health issues.
- This will be conducted in the second year till third year of project., as a training every two weeks.
- It will be conducted to last year beneficiaries. (who finished the literacy training )in the past year
- It will train beneficiaries on basic bookkeeping in accounting and other business records filing, debt financing, opening of bank account and reporting.
- GEN open registration.
- Related year targeted beneficiaries will be selected (20 in first year, followed by 50 in second and 50 in the third year). Priority here given to women having their children at Family Learning Center at PAAJAF and who struggles to educate their children.
- Beneficiaries divided to 4 classes/5 each class
- Related training conducted.
- Member who have received at least 4 weeks intensive literacy training or business management training is entitled to receive in-kind loan that worth $500 within the network.
- When a member receives a capital loan, the amount is payable with a 5% annual interest. The re-payment of the loan is to be done in 12 months equal installment. The installment payments start after the first 8 weeks the loan has been received.
- After a 4 weeks intensive training of literacy or business management, the capital loan will be granted to members in groups and each group must have a group leader who will help to monitor and ensure collection of all installment payments in that group at a monthly GEN meetings for installment payments collection and capacity building.
- The funds are managed through PAAJAF’s bank account and bank receipts are submitted to the PAAJAF office for accounting records.