A few words about
What We Do
Our projects
Empowering Women and Communities
Livewell Family Empowerment Foundation offers a variety of programs, including financial literacy training, microfinance loans, business development support, and community development initiatives.
Financial Inclusion Programs
Our financial inclusion programs are designed to bridge the financial gap and empower women to take control of their economic futures.
- Financial Literacy Training: We provide comprehensive financial literacy training to equip women with the knowledge and skills to manage their finances effectively. This includes budgeting, saving, investing, debt management, and understanding financial products and services. Our training sessions are interactive and tailored to the specific needs of the women we serve.
- Microfinance Loans: We offer microfinance loans to women entrepreneurs, providing them with access to capital to start or expand their businesses. Our loan process is designed to be accessible and transparent, and we offer flexible repayment terms to suit individual circumstances. We also provide guidance and support to help women use the loans effectively.
- Savings and Investment Programs: We encourage and facilitate savings habits among women, helping them build long-term financial security. We offer information and guidance on different savings and investment options.
Business Development Support
We also provide business development support to help women entrepreneurs build sustainable and successful businesses.
- Mentorship Program: We connect women entrepreneurs with experienced mentors who provide guidance and support on various aspects of business management, including marketing, sales, operations, and financial management.
- Business Skills Training: We offer training sessions on various business skills, such as business planning, marketing strategies, customer service, and record-keeping.
- Market Access Support: We help women entrepreneurs access new markets for their products and services, connecting them with potential buyers and providing support with marketing and distribution.
- Networking Opportunities: We facilitate networking opportunities for women entrepreneurs, allowing them to connect with each other, share experiences, and build valuable business relationships.
Commitment to Education and Community Development
We believe that education is a powerful tool for social and economic empowerment
Our commitment to education and community development is reflected in our “Giving Back to Society” initiative and other related programs.
- “Giving Back to Society” Initiative: This initiative focuses on improving access to quality education for children and youth in underserved communities. We provide educational resources, support school programs, and create opportunities for students to learn and grow.
- Impact: Through our educational initiatives, we strive to break the cycle of poverty and empower young learners to reach their full potential. We believe that investing in education is an investment in the future of our communities.
Training and Interactive Sessions for Market Women
We offer specialized training and interactive sessions to empower them with the skills and knowledge they need to thrive.
- Curriculum: The curriculum covers a range of topics relevant to market women, including business management, financial planning, marketing strategies, customer service, and personal development.
- Frequency: Training sessions are conducted [Frequency – e.g., weekly, monthly] at convenient locations within the market areas.
- Benefits: These sessions provide market women with the tools and confidence to improve their business practices, increase their income, and achieve greater financial stability. They also provide a platform for market women to network and share experiences.
Corporate Social Responsibility
Our CSR initiatives are an integral part of our mission to empower individuals and build stronger communities.
- CSR Mandate: Our CSR mandate focuses on supporting education, community development, and other initiatives that contribute to the well-being of the communities we serve.
- Focus Areas: Our CSR focus areas include education, health, economic development, and environmental sustainability.
- Past Projects: Our “Giving Back to Society” initiative is a prime example of our CSR commitment. Through this initiative, we have distributed free exercise books to students at St. Mary Primary School and Salaudeen Secondary School in Oseile, Abeokuta, Ogun State, Nigeria. This project aimed to improve access to educational resources and support students in their academic pursuits. We are constantly exploring new CSR projects to address the evolving needs of our communities.
Overview of Our
Microfinance Loans
Daily Loan
The Daily Loan is designed to enhance the daily working capital needs of small-scale business that engage in trading activities with daily turnover. The Loan ranges from a minimum of ₦40,000.00 to a maximum of ₦100,000.00 and with a service charge of 15% per month. This loan product is designed to operate on a group (union) methodology in which every group member is a guarantor to other member of the union. Repayment is flexible and equal daily installments of over a period of 32 working days.
Documentation
- Loan application letter
- Duly completed application form.
- A guarantor with 2 recent passport-size photographs
- A valid means of ID (national ID, driver’s license, voter’s card or international passport)
- 3 recent passport-size photographs
BI-Weekly Loan
This loan product offers individual in a group (union) formed by self – selected set of people within same locally or market place. This loan is designed specially for active women, with a maximum loan size of N200, 000.00, and it has a 20% service charge. Repayment is made in equal twice (2times) installments (24 installments) a week over a 3months loan term.
Documentation
- Loan application letter
- Duly completed application form
- A guarantor with 2 recent passport-size photographs
- A valid means of ID (national ID, driver’s license, voter’s card or international passport)
- 3 recent passport-size photographs