The Jedidiah Trust Blog

Whenever we visit a district it never ceases to amaze us the amount of young women sitting around doing nothing. Their story is almost always the same the either did not finish secondary school or did and had no other idea what else they could do with their future. With The Jedidiah Trust women development at all levels is very important to us; That is why we are launched The Arise Youth Training Program® . We are going further, we are now launching our Target Girls Programme® . This programme puts one girl through vocational training in every district we train. Through this programme we also set her up in business after the training is completed. The Target Girls Programme will be launched on the 6th May 2011 during our official fundraising and launch party. There are so many ways you can can help The jedidiah Trust send us an email on thejedidiahtrustgh@gmail.com or call our project coordinator Maame on +233268111736.

We at The Jedidiah Trust are going to reprint a series of notable articles on our microfinance  and Susu to let our friends know how important and essential this aspect of our NGO is we will also be launching our pilot scheme in the Adansi North District in December so watch out for pictures. Thank you and enjoy the article. Susu Collection – The Ancient Version of Micro-Savings microfinance in ghana  by Fehmeen Ahmed, the founder of the  Microfinance Hub  Blog. The term  Bottom of the Pyramid  should be synonymous to the word ‘resourcefulness’ because of all population segments, this group cannot afford to be otherwise. Low income groups are compelled by the paucity of assets and limited access to financial services to create viable solutions that serve their needs. An example of such ingenuity is the ‘susu collection’ service which is an ancient banking system in Ghana,  worth USD 160 million . The model resembles  microfinance  in several ways; susu collectors (equivalent of loan of

When we started The Jedidiah Trust it became clear to us very quickly that we couldn’t just teach the women about business without providing the avenue for saving and the provision of microcredit. This is why we started a branch of the NGO the Jedidiah Susu savings and Microcredit that will deal with just that. We get a lot of questions about this aspect of our work. Questions like does Microfinance really help? Are you sure this little amount can change lives? Luckily I found this article By Gbenga Ogunbufunmi ,Asst. Business Editor, Daily Independent Online that best describes the most powerful illustration of the impact of microcredit or microfinance banking by the man who started it all Dr. Muhammad Yunus of the Grameen Bank. Microfinance banking (MfB) started as a concept to provide financial services to the world poor, those who by circumstances of not being rich are excluded from access to the conventional commercial banks and other financial institutions due to lack of collat