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NGO embarks on micro-finance scheme

Thu, 18 Mar 2004 Source: GNA

Agona Amanfor No 2 (C/R) March 18, GNA- The Darlings Human Development Foundation (DHDF), a non governmental organisation (NGO) within a year, disbursed 75 million cedis to farmers and petty traders in the Agona District to better their lot.

Miss Rebecca Clarisa Tettey, Administrative Secretary of the Foundation announced this at a three-day workshop on gender and financial management for farmers and traders at Agona Amanfor No 2. She said the 45 farmers and traders who received one million each last year without any interest to support their income generating activities had finished paying back.

Miss Tettey stressed that the organisation has disbursed another 30 million cedis this month to 30 farmers and traders. She noted that the organisation intended giving seed money to farmers and traders in the rural areas to establish their businesses in order to alleviate them from poverty.

The Administrative Secretary stated that the aim and objective of the foundation was to bring the women from wayward into the main stream for socio-economic and political development.

She said apart from offering loans, teenage mothers and school dropouts are being trained in baltik tie and die, soap making, hairdressing, dressmaking , cream hair pomade and designing of beads. She said that after training, the foundation would give them financial support to establish businesses, saying when women are financial sound they are respected.

Miss Tettey said the Foundation has offered scholarship scheme to school children in the Kwahu South and Akwapim South districts of the Eastern region to enable them to continue their education. She appealed to leaders of NGOs to focus on vision and mission on which the organisations were formed instead of using it to cheat the public.

Source: GNA