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OFFICE OF THE VICE PRESIDENT
REPUBLIC OF LIBERIA
Capitol Building, Monrovia, Liberia
 
From the Desk of George K. Saah, Director Media Relations (0886-514-462)
 
PRESS RELEASE
 
HIGH TECHNOLOGY SCHOOL FOR GIRLS IN LIBERIA
 
Monrovia June 9, 2014-
The Office of the Vice President of the Republic of Liberia has announced collaboration between F-SHAM of Faith School for Girls, The Foundation for Women and EDIFY, an Education partner in Liberia that will result in funding to transform F-SHAM into a high Technology school for girls in Liberia.  
 
The High technology school will be the first of its kind low-fee independent school for girls in Liberia.
 
A release from the Office of the Vice President quotes the Chief Executive Officer and Founder of the Foundation for Women Madam Deborah Lindholm as saying that the transformation of F-SHAM will involve a refurbishment of the physical structure and interior courtyard with additions that will include two state of the art computer labs and a solar system to provide power for these labs and other needs for the school, eliminating the expensive regular use of a generator.
 
Accordingly, the high technology upgrade will include the latest technology computers with high speed internet, video connection possibilities worldwide, access to global software and teaching support, and the transformation of the school's accounting system and practices.
 
Moreover according to Madam Lindholm, the school will benefit students of F-SHAM, the teaching and administrative staff and the community as the computer labs will be accessible outside of school hours to the surrounding community. F-SHAM was chosen for this special project due to their history of academic excellence of their committed founders and staff, and their willingness to grow beyond the present reality of education in Liberia, particularly for girls.
 
The FFW is a registered NGO operating in Liberia since 2007 providing microfinance support to more than 10,000 women in more than 250 communities in 14 counties and has also provided microfinance support to 15 low -fee independent school operators to enhance education in Liberia, a VPO release concluded.

 

 



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What We Do

The Foundation for Women is committed to helping women accomplish their dreams and reach their true potential.

Since the Foundation for Women was established in 1997, our organization has supplied eligible women with microfinance loans to help them start a business, develop job placement skills, or pursue education for themselves and their children.

What is the local problem/need?

  • Local poverty rate is at a 50-year high (San Diego County 2010 statistics)
  • 33% of 3.1m population is struggling with economic hardship living below 200% of FPL (Federal Poverty Level)
  • 14.8% (449,060) live below FPL
  • Of the 157,028 families living below FPL, 49% (76,944) are female-only head of household
  • 19% of children live below FPL
  • Poverty rates for African-Americans and Latinos are double that for Caucasians
  • California has designated San Diego County as a “Refugee-Impacted County”

What is microfinance?

  • Proven successful  microfinance programs make small loans for income-generating activities to those who cannot qualify for loans from traditional financial institutions
  • Microloan amounts typically range from $250 - $1,000 in the U.S. and $100 globally
  • Microloans provide access to capital to establish a small business or educational opportunities

Why focus on women?

  • Microfinance programs empower women
  • Empowering women is a cost-effective way to help families and communities work their way out of poverty with dignity, achieving greater rates of economic growth and social equity
  • A woman’s successful  participation in a microfinance program has positive impact on the health and welfare of children—as many as 5 family members share impact of loan program

 

What is FFW’s role?

  • FFW is the only organization in the U.S. reaching the poorest of the poor,  using the Nobel Prize-winning Grameen microfinance model as part of its approach
  • Since 1997, FFW has helped more than 1 million women and families with microloans in India, Zambia, Niger, Liberia, and the U.S.
  • In 2004, FFW expanded its microfinance efforts to directly serve very poor immigrant and refugee women in San Diego County
  • Since 2004, FFW has issued and managed loans to nearly 500 San Diego  women
  • After the loan is repaid, it goes back into the pool to be distributed, thus perpetuating the lending capital
  • FFW microfinance participants receive mentoring and education about financial and business management

OUR MISSION

The Foundation for Women is committed to ending poverty through microfinance.


OUR CORE VALUES

The Foundation for Women is making a difference in communities with compassion, integrity, commitment and joy.