Civil Awareness and
Economic Empowerment Initiative
“CAEI”
CAEI's economic
empowerment projects and programs include giving small and medium scale
business loans not in cash but in kinds and material.
These “CAEI”
loans DO NOT require any collateral, deposit, counterpart funding or interest.
It only REQUIRES ones membership and a nomination from “CAEI” ward projects and
programs promoters committee (ward PPPC).
The targets
of this economic empowerment scheme are;
- Rural women,
- Youths
- Retirees
These
rural women, youths and retirees are often unfortunately being necessitated to
take up the responsibility of catering for their children and aged members of
their family while lacking the resources for financial empowerment.
The loan
categories are as follows;
- Wheelbarrow (load carrier)
- Frying business
- Local food restaurant and sales of food ingredients
- Tailoring
- Hair dressing and barbing saloon.
- Vulcanizing
- Grinding
- Petty trading
- Farming
- Printing
- Electronic Items
- Transportation business etc
- “CAEI” will register all businesses selected by its loan beneficiaries with Local Government or Cooperate Affairs Commission (CAC) for further business relationship with Government, Banks and Non-governmental organizations etc.
IT IS A GOOD RELIEF TO THE PEOPLE OF THE NATION
ReplyDelete