National Association of the Cooperative Credit Union of the Gambia (NACCUG), over the weekend, celebrated the successes of the grantees under the mini grant project, held at its head office in Bakau.
It was meant to discuss the challenges encountered during the process, sharing experiences, networking and making recommendations to the Mini Grant Committee on the way forward.
Patrick Mendy, Finance and Administrative Manager of NACCUG said: “This gathering aims at giving the opportunity to other Gambian youth to benefit from the phase two of the mini grant scheme.”
He noted that his office is very satisfy and proud of the grantees achievements within this short period of existence as shown by their records that their various ventures have registered a steady progress which is in line with the mini grant scheme strategic direction.
The Mini grant scheme of supporting youth is designed to complement the efforts of government to engage the youthful population for meaningful life.
The objective of the project, he explained, is in line with NACCUG’s vision of promoting financial inclusion in the Gambia.
“The 2018 to 2020 NACCUG strategic plan is anchored on five main pillars and one of them is innovation through the involvement of youth,” Mr Mendy asserted.
Giving a summary of the total fund paid to the 62 approved applicants out of the 309 received applications, he noted that NACCUG disbursed about D2, 638,358.80 two million, six hundred and thirty-eight thousand, three hundred and fifty-eight dalasis, eighty bututs.
Speaking further, he adduced that the credit union happy family strongly believes that savings does not mean having a lot of money but being committed for your future and that of your business.
Source: GOH
