Audio By Carbonatix
An Accra-based church, SpiritLife Revival Ministries, has launched an entrepreneurship support programme for 400 church members.
At a church service on Sunday, the General Overseer of the church, Prophet Bernard ElBernard Nelson-Eshun, together with his wife, Mimi ElBernard Nelson-Eshun, outdoored the scheme which seeks to cushion entrepreneurs in the face of the prevailing economic difficulties.
According to him, the early church played a crucial role in the physical welfare of its members hence the church's decision to also support the businesses of some 400 congregants with ¢30,000 each.
Per the outline of the scheme, each of the selected beneficiaries will first receive an initial cash of ¢10,000; with the remaining amount to be disbursed after an audit of the usage of the initial capital.
This he said is to avoid wastage and to ensure that the beneficiaries put the monies to good use.
"We're giving you the first one (¢10,000). We'll come and look at what you're doing. We're first giving ¢10,000 cedis now. After two or three months when we come and do our checks, we'll add the remaining ¢20,000", he said.
"If we do our checks and we're not okay, we won't give you", ElBernard stressed; while presenting the first ten beneficiaries with cheques of ¢10,000 each on Sunday.
He further encouraged the beneficiaries to make the best of the facility in order to help the programme achieve its objectives.
This new entrepreneurship drive adds to a series of other support programmes which the church has been undertaking over the last three months.
These include the weekly donation of provisions and the presentation of cash sums to deserving church members and families to support their upkeep.
The intervention by the church comes at a time when scores of local businesses are folding up in the wake of the country's adverse economic crisis.
Ghana is currently reeling under severe economic pressure; a situation which has been marked by a depreciation of the local currency and the inability of the government to settle its external creditors among others, thereby affecting individual investments in government bonds.
Meanwhile, President Akufo-Addo has assured that his government is working around the clock to exact the full benefits of Ghana's negotiations with the International Monetary Fund (IMF) to improve the situation.
Latest Stories
-
Virtual Security Africa opens Kaase branch, introduces solar-powered camera system
12 seconds -
Ghana Music Awards-USA to honour Jerry Amoah for decades of service to Ghanaian music
18 minutes -
KMA sets April 6 deadline to demolish unauthorised structures around Baba Yara Stadium
19 minutes -
Israel-US-Iran conflict: Israeli Ambassador calls on Ghana to join campaign against Iran
19 minutes -
Kwakye Ofosu: 69 years of nationhood a significant achievement
25 minutes -
For eight years my NPP has done nothing for me – Fred Kyei Mensah
27 minutes -
“Ghana owes me GH¢3,500” – Fred Kyei Mensah
28 minutes -
Ghana@69: Economy in better shape than before – Government
31 minutes -
Bawumia and Samira safe in Mecca — couple performing Umrah, to depart Saudi Arabia Saturday
39 minutes -
Veep announces review of school discipline framework to tackle student misconduct
43 minutes -
Women of Valour patrons arrive in London ahead of global conference
49 minutes -
GAEC champions AI as strategic driver of sustainable national development
54 minutes -
Gov’t signs debt restructuring agreement with Belgium to support economic recovery – Ato Forson
56 minutes -
NADMO begins inspections in flood-prone communities ahead of rainy season
57 minutes -
Depoliticising key institutions was a core aim of the Constitutional Review Committee – Justice Abdulai
59 minutes
