In order to eradicate poverty and boost the entrepreneurial drive of the people of Osun state, a Non-governmental Organisation(NGO), Visioned Skills Development Centre has organised a workshop for thousands of entrepreneurs in the state and also plan to dole out grants to them.
The seminar, which kick starts the empowerment programme was conceived to be a bottom-up project that would make grants available to artisans and entrepreneurs in the range of N250,000 and N10,000000(Ten Million Naira).
Speaking, the Chief Executive Officer of the organisation, Apostle Israel Emeka said the grants were made available by different donors in the developed world, through social exchange market, a faith-based organisation.
The NGO leader said the programme was part of the social safety net designed to eradicate poverty amongst the people and make the environment suitable and conducive for investment.
Emeka added that the grants would be monitored through different stages of monitoring arrangements, comprising coordinators in different local governments.
The CEO explained that the disbursement would be done through different registered micro-finance banks numbering about ten across the state.
According to him, “it is a financial assistance scheme whereby applicants receive grants to establish or boost existing business venture. The term “Social Exchange Market” is both a programme and an organization. As an organization, it’s a charity NGO offering financial empowerment to grassroots in developing economies toward poverty eradication.
“As a programme, it refers to a system where donors give free money to people to do business and then empower others by creating employment opportunities. In the process, by giving back to society, millions of jobs can be created in an economy.”