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Mercy Corps Empowers Start-Up Businesses

first_imgMr. Gyeabour and one of the beneficiaries affixed their signatures to the grant agreement.-Provides US$170K in grants to 13 SMEsMercy Corps-Liberia, one of the major non-governmental organizations (NGO) operating in the social financial services sector, has provided a total of US$170,000 as grant to 13 small and medium-sized enterprises (SMEs) to improve their operations and boost their viability.The grant is also meant to empower these local entrepreneurs to build constructive and meaningful livelihoods by equipping them with confidence, skills, and opportunities to engage with their communities and the market.Mercy Corps Country Director Kwasi Gyeabour said that the initiative is part of the organization’s sub-program, entitled, “Promoting Sustainable Partnership for Economic Transformation (PROSPECTS),” which provides employment for youth entrepreneurs.Mr. Gyeabour spoke yesterday, September 12, at a program marking the signing of a one-year social business grant contract in Monrovia with the beneficiaries. Yesterday’s event coincided with the official handling over of assorted office equipment to authorities of the Ministry of Youth and Sports for the smooth operations of the national cadet program and other youth centers in Montserrado, Bong and Nimba counties.The program, according to Mr. Gyeabour, is expected to enable owners of those businesses (SMEs) benefit from financial and business advisory support from Mercy Corps.He said that the grant was provided by the Swedish Government, through its Embassy accredited to Monrovia, to move small Liberian businesses to the next level so that they are able to offer employment opportunities for some of the country’s serious-minded youth.“The beneficiaries will collect about US$7,500 to US$20, 000 as start-up grant to help them improve their businesses and also provide employment opportunities for some young people who are focused but out of job,” Gyeabour said.He added: “Before providing the grant, we thoroughly selected some of the SMEs that we could identify as the most deserving businesses through analyzing their proposals. Some of them are here today to receive their packages.”Mercy Corps Africa Director Mervyn Jouillie spoke of how he had been inspired on previous occasions by the big impact small businesses have made on the economy, “and that was why the grant was created to provide incubator support to enable young entrepreneurs with creative ideas in agriculture, ICT and creative economy start or expand their business concepts.”Jouillie expressed optimism that the initiative will lead to startups and give a boost to economic growth by issuing a call to entrepreneurs to use the fund wisely to empower their friends that would want to follow their fine examples.“For us at Mercy Corps, we strongly believe that supporting young entrepreneurs is an opportunity for the organization, because when the youth are empowered, the country will be at peace and will empower other people along the way,” Jouillie said.He said that Mercy Corps intends to work with partners, because they cannot do it all by themselves; but with the help of others, they can achieve one common goal for Liberia; that is, to empower locals to develop the country.Beneficiaries of the grant expressed gratitude to Mercy Corps for such an opportunity, which will enable them to expand their businesses.They promised to use the fund for its intended purpose as is enshrined in the agreement.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Calm Ambani under no pressure at Wazito

first_img“There is no pressure whatsoever because if you look at how we have been progressing, there has been improvement game by game. We started the season with so many new players and it takes time to get a good understanding between the players,” Ambani told Capital Sport.Ambani is confident the side will find its footing as the season progresses and has warned anyone writing them off just yet.They take their hunt for a second win of the season to Machakos on Saturday where they take on Kakamega Homboyz in a 2pm kick off.“It will be a very tough game because Homeboyz have been getting good results and are also a good outfit. We are prepared for a tough game and everyone is looking forward to fight for the three points more so because we are playing at home,” Ambani noted.Wazito FC striker Joe Waithira kicks the ball during a training session at the GEMS Cambridge School. PHOTO/Wazito FC/TwitterAhead of the tie, Wazito have been boosted with the return to fitness of strikers Amos Asembeka and Joe Waithira a welcome boost especially to boost their attack line that has averaged one goal per game.Meanwhile, in the late kickoff, on-form AFC Leopards will take on Western Stima seeking to keep their winning formula running.Leopards sit second in the standings with 10 points off five games, just two short of bitter rivals Gor Mahia who have played a game less.Leopards have bounced back from their opening day 1-0 loss to Homeboyz to pick up wins against Wazito and Chemelil Sugar.They come up against a Stima side that is yet to taste defeat this season having won two and drawn three of their opening five games of the campaign.Ties between these two sides have been close. Over the last 20 meetings, AFC have won seven of them, Stima have won eight while the remaining five ended in draws.Last season, AFC picked four points off the powermen, winning the first leg in Machakos 2-1 while the return tie in Kisumu ended in a barren draw.Elsewhere, 14th placed Nzoia Sugar play host to Sofapaka at the Sudi Stadium in Bingoma seeking their second win of the season. Their only victory this season was a 2-0 success away to newly promoted Kisumu All Stars.Sofapaka players celebrate Peter Lwassa’s early goal for Sofapaka during their Kenyan Premier League match against Bandari at the Kenyatta Stadium in Machakos on October 6, 2019. PHOTO/Timothy OlobuluSofapaka are coming into the tie with a confidence boost after their financial status was improved with betting firm Betika announcing an improved sponsorship package.Batoto ba Mungu who have had a chequered start to the season won their last match 2-1 against Bandari before the international break and are looking to keep the momentum flowing.“It was very good for us to win that game especially in terms of getting points and also to boost the morale of the players. We know that it will be a tough game against Nzoia because they have a very structured way of play with good speed on the wings, but our focus is on getting the three points,” tactician Divaldo Alves stated.Sofapaka have seven points from five games and the coach has made it clear that his ambition is to ensure the team remains within striking range of the top sides.KPL Saturday fixtures: Tusker FC v Sony Sugar (10am), Wazito v Homeboyz (2pm), AFC Leopards v Western Stima (4pm) – Kenyatta Stadium Machakos, Bandari v Chemelil Sugar  – Mbaraki, Kisumu All Stars v Mathare United – Moi Stadium Kisumu, Nzoia Sugar v Sofapaka – Sudi Stadium Bungoma, Ulinzi Stars v KCB – Afraha Stadium Nakuru, Zoo Kericho v Posta Rangers  – Kericho Green Stadium.0Shares0000(Visited 17 times, 1 visits today) 0Shares0000Wazito FC head coach Boniface Ambani on the bench during a past Kenyan Premier League match. PHOTO/Wazito FC/TwitterNAIROBI, Kenya, Oct 18 – Wazito FC head coach Fred Ambani says he is under no pressure at the club despite earning only one win in their first five games of the season, this coming after massive investment and huge expectations.Wazito who gained promotion back to top tier this season have won once, drawn thrice and lost once in their opening five games of the campaign to sit 12th in the standings with six points.last_img read more