Social microfinance project expected to improve the lives of additional 30 women in Rural Liberia
Updated: Jun 4, 2021
Antioch, California, June 4, 2021.
Learning Squared Liberia, a U.S. and Liberian-based NGO that provides sustainable solutions for providing equal access to education for children and a platform for women to generate income to support their children’s education in Africa have committed additional support to 30 rural women in two communities in Margibi County, Liberia.
The project will focus on creating opportunities for rural women entrepreneurs with tools and services to generate income, reduce poverty and support their children’s education their families, and community large. Learning Squared Liberia expects that over 30 people will directly benefit from the program, impacting over 300 indirect beneficiaries in rural households with access to income, and opportunities to support and sustain their families.
“This program will help to increase the availability of much-needed support that will improve reliability, increase employment opportunity and create more equitable, sustainable growth for families in the project area, and their children’s education,” said Anthony S. Kolaco, Founder of Learning Squared Liberia.
Many parents and women whose children are benefiting from our scholarship program lack access to resources and tools, information on small business loans, and financing which can severely limit their ability to take care of their children’s education and family’s needs.
Making the donation, the Country Manager of Learning Squared. Alvin Freeman cautioned beneficiaries to take this opportunity serious to improve the livelihood of their families. The total amount committed to this program is $180,000.00 Liberian dollars, ($1060.00USD. A total amount of $6000.00LD ($36.00USD) was given to each participant. Thirty (30) women of both Minor and Palm Bush communities, in Margibi County, received seed funds to start up an income generation venture. This seed fund is a revolving loan that is expected to be payback within the period of 12 weeks beginning June 2021.
ABOUT LEARNING SQUARED: Learning Squared Liberia is a 501(c)(3) registered U.S and Liberian-based charity operating in the USA and Liberia. Founded in 2016 and was renamed and relaunched as Learning Squared Liberia in July 2019. Donations to Learning Squared Liberia go directly to running our programs in rural communities in Liberia. Working with communities, children, women, and schools in rural Liberia to provide practical solutions that improve access to quality and affordable education for children and foster economic and social development for rural women. We provide community-based solutions that support women to generate income to contribute to their children’s; education and help them work their way through poverty and improve the quality of life for themselves and their families.
Read more about Learning Squared Liberia from our website: Email: email@example.com Website: Www.learningsquaredlib.org. Phone: Liberia +231(0)886828014- USA +1 510 200 3732