August 23, (THEWILL) – A Non-Governmental Organisation, SOS Children’s Villages has reiterated its readiness to foster the economic independence of vulnerable families through the establishment and support of Village Savings and Loan Associations (VSLAs) with N60 million in 10 communities in Borno State.
The Chief Programme Officer, SOS Children’s Villages Nigeria, Ayodeji Adelopo, stated this during the distribution ceremony of the VSLA grant in Maiduguri.
Ayodeji said the initiative aimed to strengthen entrepreneurship skills and enhance the livelihood of vulnerable families and the well-being of children affected by insurgency.
He explained that in line with SOS Children’s Villages Nigeria strategic objectives, they identified 10 communities and provided them with start-up kits, training, and practical guidance on managing VSLAs.
“With the disbursement of N60 million in grants to the VSLAs across ten communities today, we are not just investing in businesses but we are investing in the future of the families. We are investing in the education, health, and nutrition of children, their livelihoods and the overall well-being of these communities.
“The women who are leading these VSLAs are unsung heroes of our society. Their resilience, ingenuity, and determination are the foundation upon which we can build a more prosperous and equitable future,” he said.
Ayodeji affirmed the continuous collaboration of the NGO with the Borno State Government and other partners to ensure that these VSLAs not only survive but also grow and overcome the current economic hardship in the state.
The Chief Advisor, Borno State Agency for Coordination of Sustainable Development and Humanitarian Response, Mairo Mandara, represented by Hajiya Babi Mala, thanked the organisers for the laudable initiative, urging the beneficiaries to make judicious use of the empowerment grant and train others how to be self-employed.
I am Ladi Dapson, a general writer with thewill. I cover Borno and Yobe states respectively.
I based Maiduguri, Borno State Capital.
I can be reached via [email protected].
Very high and kind regards!
