Microfinance graduates trained to mentor other CRC parents; new parents enrolled in microfinance program
The CRC recently began training graduates of the Microfinance Program to mentor other parents, so that they can learn microfinance skills to help their families become financially stable. For the first training, the CRC chose eight parents who have demonstrated success in their microfinance businesses since graduating the program. To become mentors, they were coached on the roles and responsibilities of a mentor, and how they can support the process of training new participants. Eight CRC parents completed the training and will begin mentoring other parents: Gbessay Sesay, Saffiatu Dakowa, Samuel James, Catherine Ngaliwa, Baindu Sumbu, Fatmata Mattia, Janet Turay, and Fatmata J. Amara. The new mentors will receive a second microfinance loan as a reward for faithfully paying back their first loan on time.
On June 21st, a meeting was held for a new group of 25 CRC parents who would like to enroll in the Microfinance Program and learn strategies for improving their financial stability so they can take better care of their children. Victor Kanu, lead facilitator of the Family Strengthening Program, informed the parents that the training will cover seventeen topics that will change their household and family lifestyle, including money management, budgeting, planning, and saving. During the initial meeting, the participants were given the task of developing business plans for three different potential businesses. These plans will be used throughout the training, and the CRC staff and mentors will consult with the parents at the end of the training to help them choose the best business plan. The actual training will launch July 28th, and cover two topics per meeting. At the conclusion of the training, there will be a certification ceremony and a loan distribution for the amount of five hundred thousand leones to each graduate (approximately $56.)
Sponsor A Child Assistant Coordinator Henry Kebbie, who assisted with the training, thanked the participants for coming to the meeting, noting that this program is not for the parents, but rather for their children. He encouraged the parents to look for businesses that will yield a greater profit, and advised them to utilize the money well so that they can provide food, transportation, and other necessary items for their children to live happy and comfortable lives. The CRC staff are excited and encouraged to see the impact these trainings are having in the lives of CRC families and their communities.