 |
| GYINer Fanta Kongira |
As part of its Youth and Women Revolving Fund Scheme, the Beakanyang Kafoo on Tuesday 19 May 2015 handed over fifty
thousand dalasis (50,000.00) to 15 young people across the country to support
their petty trading.
The beneficiaries received the
disbursement amounting between D3000.00 and D5000.00 which is due for repayment
within 6 months.
“Access to capital is key for any kind
of business especially as young entrepreneurs. Entrepreneurship is one of the most
important inputs in the economic development of a country,” says the Beakanyang
executive director, Mr Nfamara Jawneh while disbursing the soft loans to the
beneficiaries at a ceremony held at Beakanyang head office in Churchill’s town.
 |
| GYINer Bintou Faye |
He noted that this
is not the first time that Beakanyang is providing such
opportunities to vulnerable people in the society.
Last year, he said, they supported some
100 women in URR with soft loans amounting to over D300, 000.00 to start or
strengthen their existing small scale businesses.
“The capital might look small but to us
it's important to have a little than none,” Mr Jawneh noted, adding that this
funds are their internally generated resources aimed at empowering the youth
especially those badly in need of such support.
