As part of the intervention, FASUL and its global partners made a significant approach by granting a startup fund of fifteen hundred Ghana cedis to individuals who received the training. The organization's intention and strategy were to ensure holistic sustainable community development and a reduction of the dependency syndrome on external partners, FASUL established a system where the money given out as startup capital could be allocated to other individuals who might not have received the initial grants. This assistance was directed towards those who had begun working but needed financial aid, and those displaying dedication and a keen interest in starting their own ventures. Thus, half of the financial aid was provided as an interest-free loan to these individuals. Starting, on November of this year, the FASUL field team meticulously identified fifteen (15) individuals who had undergone the training and showed a zeal to implement their acquired knowledge and skills into tangible businesses. Despite their efforts, these individuals faced financial constraints hindering them from realizing their entrepreneurial aspirations. The impact of these initiatives was evident in the transformation observed within the participating communities, as revealed from assessments conducted from during various inspection and community visits in both Ashanti and Central region, such as Bonkwaso No.2, Abasua, Juaben, Korase, and Afraku, Abesewase in the Ashanti region, and Okyerekwaa and Dapaase in the Central region.
This pivotal financial support served as a catalyst for these women and youth to invest in and nurture their business endeavors, leveraging the training they received. The primary goal was to diversify income sources within families, bolster their quality of life, decrease the dependency on international partners, alleviate poverty that engulfs the underserved communities, foster sustainable development, create self-employment opportunities, and address other socio-economic challenges within their communities. Upon receiving this financial boost, these individual women and youths expressed heartfelt gratitude, acknowledging the profound impact this assistance would have on their businesses and lives. They conveyed their appreciation to FASUL and its international partners for the substantial support provided.
This intervention stands as a beacon of hope, signaling positive changes in the lives of these women, youth, and the broader community. It is a testament to the transformative power of support, education, and financial empowerment in fostering sustainable growth and progress in the beneficiary communities. With the expansion of impactful projects on the horizon, FASUL calls upon individuals, stakeholders, governments, and institutional bodies to join hands in supporting and building sustainable community development. The collective effort aims to enhance living standards of the families and the development of children within these communities.
