"Children Education through women empowerment" for Cameroon Development Marketplace Competition

8/3/2019 "Children Education through women empowerment" for Cameroon Development Marketplace Competition

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By. Teh Francis Yai

Director

Goodness and Mercy Mission


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y W

hat is it?

y What is the need?

y

How will it work?

y What are the Targets?

y How will they be selected?

y What are the main Objectives?


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y S

election of beneficiaries and Group Formation.y Selection of Leaders, Formation of Group & lending

Norms, and a Brief on sales and saving targets.

y Wholesale buying of Oil and redistribution to group

members at stipulated price.y Selling of Oil and saving the Profit for Pooling in S&L

kitty.

y Lending from S&L kitty and pledge to repay as per the

terms and conditions.y Pooling ofSaving Contribution and repayment of loan

along with interest will help in gathering targettededucation fund. (30 children each group).

Project Activities:


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y

FinanciallyS

elfS

ustainable

y Transparent, Democratic and flexible

y Utilization and Growth of Capital within group

y Opportunity for increased Economic activity

yAbility to build Institutional Linkages

yAbility to incorporate other needy in community

Uniqueness and Strengths:


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y

Minimal requirement of Physical resources

y Self Financed and Self Managed

y No need of special skill or technical knowledge

y Women with similar goals can come together and worktogether

y Can be replicated with any business like Gardening,Poultry, Basket making etc.

Ease of Replication:


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y Ensure the education requirement for the childreny Self dependency and better decision making for the

Mothers

y Inculcate entrepreneurial skills to Mothers

y Better social status a step towards fairer society

y Less school drop outs and economic development ofwomen will result in an overall communitydevelopment.

y Library formed by the donated or lended educationaltools will help other needy children of the communitytoo.

Impact on community:


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y Norms for Group formation and Code of Conduct:y GMM official for monitoring and facilitation:

y Formats for accounting and reporting:

y Terms and Condition for Loan repayments:

y Projected financial statement:

y Group Homogeneity:

y Peer Pressure:

y Transparency, Democracy and Flexibility:y Complaint cell:

Strategies for Effective Implementation


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y Education fund for 150 children and a Library forneedy children in community:

y Micro credit lending from own pooled savings:

y Social Value through Empowerment:

y Return on investment:

y Scope of multiplication:

y

Low administrative Cost:y Sustainability:

y Innovation:

y Ease of Replication:

Result and Success elements


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Project BudgetS.No Expenditure Item Quanity Unit Price Total Price Description

Activities expense:1 Cost of Palm Oil 10000 Litres 500/litre 5000000 5 month cost of 1 Drum each

month for 10groups2 Transportation Cost 50 Drums 3500/Drum 175000

Administrative expense

3 Phone Costs 50 months 3000/month 150000

5 month Cost for 10 Groups4 Stationary and Printing Cost 50 months 3000/month 1500005 Local Conveyance 50 months 2000/month 100000

6

Cost of opening Bank

Account 25000

7 Cost of one room house 850000

This room will serve as a store

house.

Miscellaneous Cost:This includes cost of empty

litters and a Box for S&L kitty8One time Cost

20000 25000

Cost of Book Library

9

Cost of Books 550000

Book library is created to

benefit needy children not

covered in the Project

Total Cost 7000000


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Please help us inproviding childrentheir basic right toeducation and inenabling women

have voice &

influence to leadtheir role as

mothersuccessfully

Documents

"Children Education through women empowerment" for Cameroon Development Marketplace Competition