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.
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