Business

NGO, German company present Impact Fund to promote women’s entrepreneurship

1 Skilled Women Initiative (TSWINI), a non-profit organization with the support of a German company, has launched the “TSWINI Impact Fund” which aims to promote entrepreneurship among women living in camps for internally displaced persons.

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2 The Nigeria News Agency reports that the fund will specifically focus on helping 10 women set up their businesses for a period of 12 months.

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3 It is expected to drive innovation that will contribute to economic growth and development in Nigeria.

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4 NAN also reports that the fund was implemented with the support of GIZ, the Nigeria-German Center for Jobs, Migration and Reintegration, among others.

5 Ms. Chisom Nwankwo, founder of TSWINI, said the fund will promote entrepreneurship and empower women to provide for themselves and their families and take care of themselves.

6 “These impact funds aim to support women who have completed a 24-month apprenticeship program in various fields such as tailoring, baking, soap making and others.

7 “We will provide workspaces for the women in the Kaura market in Abuja.

8th “We will also provide the equipment for the women and also support one child of each of the women by paying their one-year stipend.

9 “There is also a one-year health insurance plan for the women, which is implemented in cooperation with the national health insurance system.

10 “In the future, the organization also plans to register at least one of the brands with NAFDAC.

11 “We believe this will go a long way in addressing the issues of poverty and unemployment for women living in camps for IDPs, and also in advancing them in social inclusion,” she said.

12 Nwankwo said the organization has also trained over 300 men in camps for internally displaced people in fish farming, barbing and capentry.

13 “In the Malaysian refugee camp there is a large fish farm that is operated by some of the men we have trained.

14 “We also gave the men a space to market and sell their products at the Kaura market.

fifteen “We believe that the initiative will heal these individuals from the post-event trauma caused by the crisis,” she said.

16 For her part, Ms. Tolu Olaiya, coordinator of the Nigeria-German Center Abuja, said she was excited about the Impact Fund, adding that it came at the right time.

17 “This will allow the women to look forward to leaving the camp and moving towards social inclusion.

18 “This will also help improve the livelihoods of these women who are committed to making a difference in their society,” Olaiya said.

19 Ms. Zara Musa, one of the beneficiaries, expressed appreciation to the organization for the support and promised they would be committed and consistent in their dealings to ensure it was put to good use.

20 .

21 “We have benefited from this fund and we can assure you that this business that we have started will allow us to get out of camp and be socially included by next year,” Musa said.

22 NAN also reports that the highlights of the event are the delivery of business registration certificates and smartphones for social media marketing to all beneficiaries.

23 (

24 News Source Credit: NAN

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