Electrochem Ghana Limited, a wholly-owned Ghanaian Company which has been granted a 15 years lease of a 41,000 concession of acres at Ada Songhor to produce 1,000,000 metric tons of salt per annum, has rolled out a Three Million Ghana Cedis (Gh¢300,000.00) Women Support Scheme to assist women in Ada grow their businesses.
The Electrochem Women Support Scheme is intended to assist the women with financing so as to enable them grow their businesses which are at different stages of growth.
Addressing the women and explaining further how the Scheme operates, Madam DzigbordiDosoo, Lead consultant at Electrochem indicated that the decision by the Company to assist the women is in line with its Corporate Social Responsibility.
These Funds which will be disbursed to the women after they are given training in Entrepreneur skills, Book and Records Keeping, Time Management, Accounting principles, and Networking is an interest free support which the women are to use to turn their businesses around and pay back in time.
According to DzigbordiDosoo over 200 women will benefit from the first batch of beneficiaries and she hopes that, defaults in paying back the money will be minimized.
“We are not encouraging default because we have put in place systems which will guide these women and whenever there is a problem, it can be solved even before it gets to a default stage,” she said.
She averred that the projects Electrochem Ghana Limited is embarking on is for the growth and development of Ada and that it is best if will women put themselves together and benefit from the ongoing projects being rolled out by the company.
She said: “What we are presenting to them today, we believe will start the process of transforming the lives, transforming homes, and the community and transforming the Ada state at large. That is the foremost priority of the Company’s presence in Ada; to transform Ada.”
DzigbordiDosoo also indicated that Electrochem Ghana Limited is making huge development impact in areas of Education, trade, women empowerment and sports and that in order to achieve its goals as people-centered company, it must support the people with who need money to move these projects forward by give them continuous support until their businesses are established.
Pleaded with the women not to play politics with the issue but rather see it as an opportunity to improve their lives irrespective of which political party they belong
She called on the women to see the project as their own and not to play politics with whatever the Company is doing for them.
“This is not politics. You must rather see this as an opportunity to improve your lives irrespective of which political party you belong to. What we are doing transcends political parties, we want to impact lives, build your capacity so you can also grow your businesses,” he said.
The Queenmother of Adibiawe of Ada, NaanaAdikiManyeyoAdi I, who received the cheque of Gh¢300,000.00 on behalf of the women expressed gratitude to Electrochem Ghana Limited, its Chairman DaanielMcKorley and the entire Management for accepting her proposals for the company to assist the women of Ada.
She noted that she led the request for support for women to get themselves established in their businesses and was so enthused that, that has been granted.
NaanaAdikiManyeyoAdi I said the Funds will go a long way to improve the living standard of the women as it will establish them financially as their businesses grow.
According to her, Electrochem Ghana Limited has been doing much for the various communities in Ada and that its existence in the community is a great blessing to the people.
She revealed that Electrochem had supported 50 Free SHS students with items on their prospectus; stressing that, that had greatly lifted the burden on poor parents.
She therefore urged prompt payment of the loan because that will determine the disbursement for the second and other batches.