Better life for disadvantaged widows
Felix King Charity Foundation runs a micro social capital program that empowers disadvantaged widows to be self reliant. Widows are given trading and business start-up grants and skill acquisition . Scheme is coordinated under the Witrade (widows in trading) for better life platform. This micro-enterprise program is coordinated in partnerships with volunteers and structured women groups and widows associations who coordinates these disadvantaged widows into groups for easy coordination and progress monitoring.
Presently, thousands of widows are enlisted under this scheme with hundreds already beneficiaries of our grants.
Beneficiaries of the Felix King Micro-finance grants gets an average of $1,263 (N250,000) as a start -up fund with an additional $1,000 (N200,000) stability grant for those that are able to utilize the first mobilization effectively- same concept with the parable of the talents in the Bible. Funds released under this scheme are given without payback.
For efficiency and prudent management of grants, officials of the banks are coopted into program to help and guild beneficiaries in the management of their grants.
Training on commercial snacks making
Without skills, support, or opportunities, disadvantaged widows often succumb to the vicious cycle of poverty. Many suffer from homelessness, servitude, violence and sexual abuse. Children of widows are pulled out of schools for lack of money to pay school fees. For efficiency and prudent management of grants, officials of the banks are coopted into program to help and guild beneficiaries in the management of their grants.
Consequent on this, and without education, these children are doomed themselves to spend their lives as hoodlums, drug addicts, cultists and dangerous social miscreants.
Officials of the bank opening bank account for beneficiaries.
Thrift consultant having session with beneficiaries
Finance management session from rep. of Stanbic IBTC Bank