We are starting a new project: microloans
Friends Foundation starts a new project! Families are supported and guided to start a business and create a stable income. With the aim of creating a stable base for their children. They start with 10 families.
At the moment, sponsored parents support children in Klikor with 20 euros per month for their education costs. We are very happy and grateful for these donations. However, we made the choice to transform to microfinance. Below you can read why and how.
Goals:
- A stable income for every family
- A strong foundation for nutrition, shelter, education and health care
- Children grow up in a more stable family situation with less financial stress
- Children have a better future perspective
- Families are independent of structural donations
- Breaking the poverty circle
- Economic strengthening in the entire community
Process:
- Training participants in entrepreneurship
- Participants make a business plan
- Microloans are given out
- Guidance during the start-up
- Possibility to create a savings account
- Loans are paid back
- The process is repeated with other families
Donate here or direct in our bank account:
The Dreams in Africa Foundation
IBAN: BE96 9676 6803 3205
BIC: TRWIBEB1XXX
More about Friends Foundation
Website:
http://www.friendsfoundation-ghana.com/
The Friends Foundation, a local NGO in Ghana, was the reason for the establishment of The Dreams in Africa Foundation. Noor van Hout, the founder of the foundation, lived and worked for a year with Friends Foundation in Klikor-Agbozume.
Background
The Friends Foundation was founded in 1993 and is led by a Ghanaian project manager. With the help of his wife and some local employees, they run a school and provide support to vulnerable, needy children and their families.
If the parents are unable to care for the child because of reasons such as the death of the parent(s), child labor, neglect, abuse, etc., they can also stay in the Friends Home. In the meantime, many children have been returned to their families through the “Care Reform Initiative” of the Ghanaian government in collaboration with Unicef. Friends Home supports several families in poverty with the ‘family-based-care’ project to ensure that the children in the family have their basic needs and education met.
El Shaddai is the primary school and junior high school of Friends Home, where almost 600 children from Klikor and neighboring rural villages receive education.
Projects
The Friends Foundation has 3 projects to become more self-sufficient and independent:
– the Farm; Crops (corn, cassava, beans, peanuts and vegetables) are grown on 8 different pieces of land, which provide the house with its own food and income. In addition, firewood is also an important product for cooking;
– Kentey weaving; children who want to learn the most traditionally practiced trade of the Volta Region. Weaving fine silk into traditional, luxurious fabrics that can be sold on the local market
– The cafeteria; at home they make treats and meals. The children can buy these at school during the break.