• About HCW
    • Our Story >
      • Remembering Bishop Yambasu
    • Our Team
    • Board of Directors
    • Our Impact >
      • Financials
    • Contact
    • News & Updates >
      • Latest News
      • Newsletters
      • Magazine
      • Mission team blog
  • Child Reintegration Centre
    • Family Reintegration >
      • Resources
    • Sponsor A Child >
      • Write to your sponsored child
    • Sponsor A Family
    • CRC Senior Staff
  • Mercy Hospital
    • Mercy Senior Staff
    • Mercy Resources
  • Village Partners
  • Get Involved
    • Events >
      • Vision Night 2021
      • Past Events >
        • Rising Tides Conference
        • Go for Bo 2020
        • Golf Tournament 2020
        • Go for Bo 2019
        • Rising Tides: The Future of Global Missions
        • Golf Tournament 2019
    • Partner Churches >
      • Partnership Meetings
    • Mission Trips >
      • Mission Resources
      • Missionary Training Centre
    • Fundraise
    • Volunteer
    • Internship Opportunities
    • Stay in Touch
  • Give
    • Matching Gifts
Helping Children Worldwide
  • About HCW
    • Our Story >
      • Remembering Bishop Yambasu
    • Our Team
    • Board of Directors
    • Our Impact >
      • Financials
    • Contact
    • News & Updates >
      • Latest News
      • Newsletters
      • Magazine
      • Mission team blog
  • Child Reintegration Centre
    • Family Reintegration >
      • Resources
    • Sponsor A Child >
      • Write to your sponsored child
    • Sponsor A Family
    • CRC Senior Staff
  • Mercy Hospital
    • Mercy Senior Staff
    • Mercy Resources
  • Village Partners
  • Get Involved
    • Events >
      • Vision Night 2021
      • Past Events >
        • Rising Tides Conference
        • Go for Bo 2020
        • Golf Tournament 2020
        • Go for Bo 2019
        • Rising Tides: The Future of Global Missions
        • Golf Tournament 2019
    • Partner Churches >
      • Partnership Meetings
    • Mission Trips >
      • Mission Resources
      • Missionary Training Centre
    • Fundraise
    • Volunteer
    • Internship Opportunities
    • Stay in Touch
  • Give
    • Matching Gifts

Latest news

Microfinance program helps grandmother care for her family

3/27/2018

0 Comments

 
Mrs. Hannah Fofanah is one of twenty-eight participants in the initial microfinance class, launched in February of 2017. As the grandmother and caregiver of Child Rescue Centre student Lucy Kamara, Hannah was invited to enroll in the first class, which was offered to 30 parents and caregivers who were struggling to make ends meet.  The microfinance program was designed to help vulnerable families acquire the tools they need to become financially stable.

Many of the CRC students are in the care of grandparents or other family members, sometimes because they've lost their parents, and sometimes because they have been removed from the home by Sierra Leone social services.

Hannah cares for seven additional grandchildren, supporting them all by selling firewood, charcoal, and now handmade soap. Her granddaughter Lucy attends UMC Njagboima, where she is in Junior Secondary Class 2.

After attending weekly classes at the CRC to learn about saving, budgeting and simple business management, Hannah reflected that she found it “very useful to be part of these classes...my little business used to dwindle since I was not saving, except I borrowed money from my colleague or from close family relatives to make up for my business again. But from the time I started attending classes I now know how to save some profit and never interfere with my capital.” 

Hannah’s family noticed the change almost immediately. “My grandchildren feel very happy for such opportunity and even help me with notes sometimes. I don’t have a husband anymore and even though I am getting old it is still important to learn and I am sure this will be put into practice to help me maintain my family.”

Since receiving her small loan of approximately $70 in August, Hannah shared "having a loan I decided to expand my business... my whole family is happy for the loan." Hannah is also proud to report that all 8 of her grandchildren are attending school.  

The CRC staff recently visited Hannah at her place of business. Hannah has been steadily paying her loan payments since last fall, though recently that has been a struggle. Reports of incidents of violence related to the recent presidential election have meant that many people are not moving from their homes in order to remain safe, but she is hopeful to get back on track after the run-off scheduled for Saturday, March 31st.
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Follow us on social media

    Archive

    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017

Helping Children Worldwide is a 501 (c) 3 nonprofit organization    |     703-793-9521    |    support@helpingchildrenworldwide.org    
©2017 - 2019 Helping Children Worldwide
All donations in the United States are tax-deductible in full or part.    |    Donor and Privacy Policy
Picture
Picture
REGIONAL AMBASSADOR
Picture
Picture
Picture
  • About HCW
    • Our Story >
      • Remembering Bishop Yambasu
    • Our Team
    • Board of Directors
    • Our Impact >
      • Financials
    • Contact
    • News & Updates >
      • Latest News
      • Newsletters
      • Magazine
      • Mission team blog
  • Child Reintegration Centre
    • Family Reintegration >
      • Resources
    • Sponsor A Child >
      • Write to your sponsored child
    • Sponsor A Family
    • CRC Senior Staff
  • Mercy Hospital
    • Mercy Senior Staff
    • Mercy Resources
  • Village Partners
  • Get Involved
    • Events >
      • Vision Night 2021
      • Past Events >
        • Rising Tides Conference
        • Go for Bo 2020
        • Golf Tournament 2020
        • Go for Bo 2019
        • Rising Tides: The Future of Global Missions
        • Golf Tournament 2019
    • Partner Churches >
      • Partnership Meetings
    • Mission Trips >
      • Mission Resources
      • Missionary Training Centre
    • Fundraise
    • Volunteer
    • Internship Opportunities
    • Stay in Touch
  • Give
    • Matching Gifts