Micro-Credit & Entrepreneurship | O.B. Lulu-Briggs Foundation

Micro-Credit & Entrepreneurship

Skill Acquisition Beneficiaries of the O.B.Lulu-Briggs Foundation and its Executive Management

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The Micro-Credit and Entrepreneurship programme targets rural people who have no other way of claiming financial independence. The recipients choose a business for themselves and create a business plan. We provide the necessary training. We are currently working with 3 cooperatives and over 200 recipients.

What We Do?

This initiative was created to empower women, especially rural women who want to own self-sustainable businesses. Most of the young women we supported had little or no source of income. The Foundation offers soft and revolving loans which are accessible to rural women without the hurdle of presenting collateral for the loans.

The second part of the programme ensures that appropriate financing, training and support are also given to fund beneficiaries to build-up their business acumen.

Achievements

  • Over Eighteen million (N18,000,000.00) naira has been invested to help over one hundred and thirty (130) women and youths acquire requisite training in vocational skills such as pipe fitting, welding, carpentry and crane operation. Youths and women have also been empowered with funds and equipment for business startups and expansion.
  • Provided over 40 rural women in Rivers State with micro-credit to enable them start up small and medium scale business (SME’s) in various categories namely:

Rachael Ladies

William West Ladies

Briggs Ladies

  • Conducted a two -day seminar for 882 Abonnema youths in various categories such as Autodesk, Computer Training, jewelry Craft, Fashion Design, Catering , Welding & Fabrication, Scaffolding, Borehole & Tilling, Energy ( Solar Inverters), Media production and web design.