21 June 2011. The Society for Peace, National Reconciliation and Reunification (SPNRR) has honored a Microfinance Company, BRAC-Liberia for what it termed "empowering" over seven thousand Liberians to acquire training in different skills.
The Chairman of the organization, J. Mayfield Copson said the company‘s commitment to improving the living conditions of Liberians shall remain commendable as Liberians have suffered for too long and now need a change in their livelihood.
During the honoring ceremony, which took place over the weekend at BRAC-Liberia’s head office in Congo Town, Mr. Copson noted that the gesture of BRAC-Liberia is one of the best things for human kind, saying that the company’s contributions would go a long way in the fight against poverty.
He used the occasion to call on all Liberians to make use of the available training opportunities in Liberia to enhance the rebuilding process of the country after 14 years of destruction.
Responding, the Executive Director of BRAC-Liberia, Mohammed Abdus Salam, disclosed that 32,873 Liberians have benefited from the company’s microfinance program so far.
According to Mr. Salam, the company was established in Liberia for the purpose of empowering people and communities in tackling the issues of poverty, illiteracy and disease among others.
He said the company has financially empowered many parents who now are capable of sending their children to school thereby helping to make them useful and assets to society.
Mr. Salam indicated that the company is also working in collaboration with the Liberian government in the promotion of peace and security as a way of buttressing government’s efforts aimed at implementing the Poverty Reduction Strategy (PRS).
Meanwhile, the BRAC-Liberia Executive Director has further disclosed that the company has extended its microfinance program to seven counties including, Nimba, Bong, Grand Bassa, Lofa, Montserrado, Grand cape Mount and Margibi.
Mr. Salam said additional counties would benefit from the program shortly. He felt short in naming the additional counties to benefit the Microfinance program.
According to the BRAC- Liberia Executive Director, since the establishment of the organization in Liberia, the company’s Microfinance program has changed the lives of about 69 percent of female Liberians.
Mr. Abdus Salam added that Liberian needs capacity building in order to empower the young people and improve their living condition as well.
During a visit to the Gorakpah town market in Sinkor, a beneficiary of the BRAC- Liberia microfinance program who sells fish, Annie Walker, age 49 said prior to the intervention of the organization, she sold fish in the market for several years without making gains or profits.
But, Madam Walker said when she received the first loan of 15,000 United States dollars from the microfinance company in 2009, things became to change and her life started to improve.
This article was originally written by Roland Davis and published in the Liberian newspaper, In Profile Daily.