{"id":57616,"date":"2024-05-14T16:56:55","date_gmt":"2024-05-14T16:56:55","guid":{"rendered":"https:\/\/www.africa-press.net\/liberia\/all-news\/foundation-for-women-celebrates-26th-anniversary"},"modified":"2024-05-14T17:23:07","modified_gmt":"2024-05-14T17:23:07","slug":"foundation-for-women-celebrates-26th-anniversary","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/liberia\/all-news\/foundation-for-women-celebrates-26th-anniversary","title":{"rendered":"Foundation for Women Celebrates 26th Anniversary"},"content":{"rendered":"

Africa-Press – Liberia. <\/strong><\/span>The Foundation for Women (FFW) recently celebrated its 26th anniversary at its headquarters in the Bassa Town community near Paynesville red light. This milestone event was vibrant evidence of the organization’s commitment to empowering women both locally and globally.<\/p>\n

FFW, a registered non-profit and non-governmental organization, is dedicated to eradicating poverty through microcredit programs. Their mission encompasses providing women living in poverty with microfinance opportunities that facilitate sustainable income generation, educational support, business training, and economic prosperity.<\/p>\n

Ms. Deborah Lindholm, the visionary founder and executive director of FFW, shared her inspiring journey and the genesis of the foundation.<\/p>\n

\u201cWhenever I\u2019m asked about the Foundation for Women, I often say that it was a divine idea I was fortunate enough to hear and act upon,\u201d Lindholm remarked.<\/p>\n

Her journey began with a realization during her travels around the world. Witnessing widespread poverty, particularly affecting women and children, deeply moved her. This experience led her to delve into microfinance, recognizing its potential to uplift communities.<\/p>\n

\u201cIn 1995, I discovered that many impoverished women, living on less than a dollar a day, were eager to improve their lives if given access to capital,\u201d Lindholm recalled. \u201cThat revelation set me on the path of microfinance, and I\u2019ve been committed to it ever since.\u201d<\/p>\n

However, FFW\u2019s inception traces back to Lindholm\u2019s first microfinance program in India in the late 1990s. Over the years, the foundation expanded its reach to Zambia, South Africa, Niger, and eventually Liberia.<\/p>\n

The core principle of FFW\u2019s microfinance approach is empowerment. \u201cWe offer a hand up, not a handout,\u201d Lindholm emphasized. \u201cBy providing access to capital and believing in the potential of these women, we stand beside them, encouraging their entrepreneurial spirit.\u201d<\/p>\n

Reflecting on FFW\u2019s impact, Lindholm proudly said: \u201cFrom empowering 100 women in India to over 1.5 million globally, we estimate that we\u2019ve positively impacted the lives of more than 25 million people worldwide. Every loan we provide benefits not just the borrower but approximately ten others in their community.\u201d<\/p>\n

She also highlighted the impressive repayment rate among women borrowers, exceeding 95% globally. \u201cThis statistic underscores the determination and responsibility these women exhibit to better their families\u2019 lives,\u201d she noted.<\/p>\n

Looking forward, FFW has ambitious plans for Liberia. A new program, \u201cSafe Conversation\u201d, aims to foster dialogue and reduce tribalism. \u201cCommunication is key to understanding and unity,\u201d Lindholm explained. \u201cWe\u2019re committed to equipping Liberians with the tools to communicate effectively and peacefully.\u201d<\/p>\n

Additionally, FFW is spearheading a transformative agriculture project in Bong County. This initiative seeks to revolutionize agriculture, particularly rice production, ensuring food security for Liberia in the coming years.<\/p>\n

In closing, Lindholm expressed her gratitude and admiration for her team and the resilience of the Liberian people. \u201cWorking in Liberia has been a blessing. The hope, resilience, and tenacity displayed by the Liberian community are truly remarkable,\u201d she said.<\/p>\n

With a clear vision and unwavering commitment, the Foundation for Women continues to pave the way for economic empowerment and positive change in Liberia and beyond.<\/p>\n

Amelia B. Tamba, Micro-loan Manager at Foundation For Women, expressed her heartfelt gratitude to be a part of the anniversary celebration after working with the organization for the past twelve years.<\/p>\n

\u201cI am very proud to be a part of such a great family,\u201d she said. \u201cIt is very exciting working with women as a whole and with the work that we do; you have to have the passion to work with women because there are different kinds of women: women with hot tempers, women with low tempers, and women who don\u2019t listen.\u201d<\/p>\n

She added that before one can work with women, they should be willing to work with them, and she finds it very interesting to have worked with women for the past twelve years without getting tired. \u201cI am still willing to work with them because I always enjoy working with them. Though there are lots of challenges, we can overcome the challenges,\u201d Tamba said.<\/p>\n

According to her, in the practice of lending money, a common challenge is the repayment of loans. \u201cTo get them to pay the loan back sometimes, we have to pet them, even re-loan them, and reschedule the loan so that they will get the money to pay for the current loan and the past loan. Sometimes, if they refuse to accept being re-loaned, we can reschedule the loan. So with that, we help them make those plans to see how they can pay the loan.\u201d<\/p>\n

T. Magnus Gayflor, Sr., Director of the Foundation for Women Liberia, said FFW\u2019s prospects for continuance on Liberia were slim because \u200cEbola had struck the Liberian economy and affected many institutions.<\/p>\n

\u201cSo when we joined the institution, repayment of loans was slow and clients were scattered, so we started to wonder, what is the prospect of this institution continuing when things are like this,\u201d he said. \u201cSo, some of my colleagues and I sat down and brainstormed and gave advice to the management. One of the pieces of advice was to change the location of the institution. We were located in the airfield community that was quite friendly and far from the market. We needed to be market-focused, so we advised them to move to Red Light, in Paynesville.\u201d<\/p>\n

According to him, FFW Liberia is resilient and has been able to keep its head above the water. \u201cOne thing that has kept us committed here is the incentive provided by the management, which is that we are entitled to loans. We use very low-interest-rate loans that we use to develop ourselves.\u201d<\/p>\n

\u201cSo almost every one of us here has done something in our lives from the loans that we have acquired from the institution, and everyone sees the institution as his or her own, so that has increased our loyalty to the institution,\u201d he added.<\/p>\n

For More News And Analysis About Liberia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Liberia. The Foundation for Women (FFW) recently celebrated its 26th anniversary at its headquarters in the Bassa Town community near Paynesville red light. This milestone event was vibrant evidence of the organization’s commitment to empowering women both locally and globally. FFW, a registered non-profit and non-governmental organization, is dedicated to eradicating poverty through […]<\/p>\n","protected":false},"author":84,"featured_media":57614,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[233,237,234],"class_list":["post-57616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-africa-press","tag-africa-press-liberia","tag-liberia"],"yoast_head":"\nFoundation for Women Celebrates 26th Anniversary - Liberia<\/title>\n<meta name=\"description\" content=\"The Foundation for Women (FFW) recently celebrated its 26th anniversary at its headquarters in the Bassa Town community ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/liberia\/all-news\/foundation-for-women-celebrates-26th-anniversary\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foundation for Women Celebrates 26th Anniversary\" \/>\n<meta property=\"og:description\" content=\"The Foundation for Women (FFW) recently celebrated its 26th anniversary at its headquarters in the Bassa Town community ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/liberia\/all-news\/foundation-for-women-celebrates-26th-anniversary\" \/>\n<meta property=\"og:site_name\" content=\"Liberia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-14T16:56:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-14T17:23:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2024\/05\/sm_1715694737.591783.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/foundation-for-women-celebrates-26th-anniversary#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/foundation-for-women-celebrates-26th-anniversary\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Foundation for Women Celebrates 26th Anniversary\",\"datePublished\":\"2024-05-14T16:56:55+00:00\",\"dateModified\":\"2024-05-14T17:23:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/foundation-for-women-celebrates-26th-anniversary\"},\"wordCount\":988,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/foundation-for-women-celebrates-26th-anniversary#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2024\/05\/sm_1715694737.591783.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Liberia\",\"Liberia\"],\"articleSection\":[\"all news\",\"community\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/liberia\/all-news\/foundation-for-women-celebrates-26th-anniversary#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/foundation-for-women-celebrates-26th-anniversary\",\"url\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/foundation-for-women-celebrates-26th-anniversary\",\"name\":\"Foundation for Women Celebrates 26th Anniversary - 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