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Foundation trains 50 business owners on sustainable livelihood

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 Hardball Foundation a non profit organization has trained 50 small business owners in Bwari Area Council on strategies to sustain their sources of livelihood irrespective of economic challenges Mrs Eva Yusuf the foundation s Chief Operating Officer disclosed this while speaking with the News Agency of Nigeria at the sideline of the training on Friday in Bwari Abuja Yusuf said the workshop tagged The Decent Work Initiative was organised to find train and fund small business owners to sustain their businesses and overcome economic challenges She said that the foundation had the responsibility of sharing knowledge and creating awareness to striving businessmen as well as women on sustaining their livelihood Our programmes and initiatives align with the United Nations Sustainable Development Goal SDG 8 These include promotion of sustained inclusive and sustainable economic growth full and productive employment and decent work for all By sustainability we mean that the businesses can provide for their owners and their families and not be affected by inflation or any other economic challenges This initiative the first of its kind in Bwari Area Council has three approaches finding the beneficiaries training them and then funding them We found out that most of these businesses collapse because of lack of knowledge A lot of small businesses donot have what will help them overcome economic challenges Some do but do not know how to use the systems already available for the benefit of their business this is where we come in to train and make them aware of the best practices to sustain the business After this we will select the businesses to fund Yusuf said She also added that the foundation would not only give the beneficiaries monies but would also do an outside check programme expected to monitor how the funds were being used after a month This she further explained was to ensure that the businesses were sustained at the end of six months and to guarantee that it could stand the test of time after the process Yusuf said We would ensure that the business is sustained in a way that the owners are able to employ other people and teach them the practice so that it will have a ripple effect The lessons learned will also determine if we will replicate the programme in another council within FCT or another state in time to come She noted that the programme was organised in partnership with Small and Medium Enterprises Development Agency of Nigeria SMEDAN and Molfix Molpad and Hype energy companies she noted had interest of micro small and medium scale businesses at heart She also said that participants were selected based on a check list earlier sent by the foundation to the area council This she added achieved success through the assistance of the councilors of the 10 wards whom she said were able to meet with people who met the criteria enlighten them of the benefits and gave them forms to fill Luckily all who applied did not exceed the number we initially planned for and so we took all who applied she said The over one week training Yusuf said would end on Oct 3 with an award giving ceremony NewsSourceCredit NAN
Foundation trains 50 business owners on sustainable livelihood

Hardball Foundation

Hardball Foundation, a non-profit organization, has trained 50 small business owners in Bwari  Area Council on strategies to sustain their sources of livelihood, irrespective of economic challenges.

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Eva Yusuf

Mrs Eva Yusuf, the foundation’s Chief Operating Officer, disclosed this while speaking with the News Agency of Nigeria at the sideline of the training on Friday in Bwari, Abuja.

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Decent Work Initiative

Yusuf said the workshop, tagged: “The Decent Work Initiative”, was organised to find, train and fund small business owners to sustain their businesses and overcome economic challenges.

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She said that the foundation had the responsibility of sharing knowledge and creating awareness to striving businessmen as well as women on sustaining their livelihood.

United Nations

“Our programmes and initiatives align with the United Nations Sustainable Development Goal (SDG) 8.
“These include promotion of sustained inclusive and sustainable economic growth, full and productive employment, and decent work for all.

“By sustainability, we mean that the businesses can provide for their owners and their families and not be affected by inflation or any other economic challenges.

Bwari Area Council

“This initiative, the first of its kind in Bwari Area Council, has three approaches: finding the beneficiaries, training them and then funding them.

“We found out that most of these businesses collapse because of lack of knowledge.

A lot of small businesses donot have what will help them overcome economic challenges.

“Some do, but do not know how to use the systems already available for the benefit of their business; this is where we come in, to train and make them aware of the best practices to sustain the business.
 

“After this, we will select the businesses to fund,” Yusuf said.

She also added that the foundation would not only give the beneficiaries monies but would also do an outside check programme expected to monitor how the funds were being used after a month.

This, she further explained, was to ensure that the businesses were sustained at the end of six months and to guarantee that it could stand the test of time after the process.

Yusuf said: “We would ensure that the business is sustained in a way that the owners are able to employ other people and teach them the practice, so that it will have a ripple effect.

“The lessons learned will also determine if we will replicate the programme in another council within FCT or another state, in time to come.

Small and Medium Enterprises Development Agency of Nigeria

She noted that the programme was organised in partnership with Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Molfix, Molpad and Hype energy – companies she noted, had interest of micro, small and medium scale businesses at heart.

She also said that participants were selected based on a check-list earlier sent by the foundation to the area council.

This, she added, achieved success through the assistance of the councilors of the 10 wards, whom she said, were able to meet with people who met the criteria, enlighten them of the benefits and gave them forms to fill.

“Luckily, all who applied did not exceed the number we initially planned for and so, we took all who applied, ” she said.

The over one week training, Yusuf said, would end on Oct. 3, with an award-giving ceremony.

NewsSourceCredit: NAN

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