Annual Report Bebo Foundation 2007

         Looking back

 

BEBO Foundation has applied herself to micro financing in 2006, after it was already obvious that the development projects transferred to the local community could only survive with permanent financial support. Ghanaian culture is at odds with cooperative or collective projects. BEBO Foundation’s strategy has been finetuned to this and can be summarized as follows:

Teaching young people, both older orphans as well as the local youths, a trade in small, independent, profitable enterprises. Offering talented people the opportunity to start their own enterprise with financial support. Catchwords are: educational, sustainable, profitable. Outcome: Vocational training, labour, food, personal responsibility.

 

 

Progress in 2007

 

BEBO Foundation invests in people by promoting vocational training. Seven years of development work has taught us   that sustainable development thrives best under exclusive personal responsibility. Therefore BEBO turns more and more to finding committed prospective entrepreneurs full of initiative and talent. She finances, coaches and monitors these  keen new entrepreneurs, combined with internal vocational training for underprivileged young people. A combination of vocational training together with profitable production is a first-rate possibility in Ghana. In 2007 forty small enterprises were initiated with small loans and counselling from BEBO Foundation, united in BEBO Association. (BEA)

 

 

Social and cultural activities

 

Besides educational and economic development BEBO Foundation pays attention to the social and cultural aspects. Not only is this the adhesive for Ghanaian society, but also for international cooperation. BEBO Foundation takes care of ten hot meals a week for ten needy elderly people in the village, maintains a computer center installed in the local primary school with 650 students and sponsors locally a cultural band and a football team.

 

 

Preview

 

Projects in preparation for implementation in 2008 are an educational vegetable and fruit garden near a rescue home for young women in difficult circumstances (e.g. ex-prostitutes) and a health center (Primary Health Care). However BEBO Foundation’s main theme remains:

Vocational training and small loans with supervision for young entrepreneurs. The Ghanaian organisation   BEBO Association will be expanded on behalf of support for young entrepreneurs.

 

 

                                                                         Albert Stroeve, secretary of BEBO Foundation, March 25 2008