Economy

Recession: GYSAPEO Launches Grassroots Development 0% Loan Scheme In Abuja

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Global Youth Skills Acquisition and Poverty Eradication Organization (GYSAPEO) is the National Apex Organization of women and youths in Nigeria, the Organisation cut across the six geopolitical zones with the sole aim of eradicating poverty, economic empowerment, good leadership and centered on self reliance of entrepreneurs across the Nation.

Today, the Organisation officially launched the GYSAPEO Grassroots Development 0% Loan scheme tagged; ‘Your Future is Now’, the loan is open for all who are registered members of the Organisation, Member Board of Trustee (BOT) Mrs. Ozonuwe Joyce Kelechi, enunciated that members obtaining the loan should not bother of collateral or percentage rates, stating further that the loan is to ensure Women particularly Youths are been empowered, according to her the idea is to promote sustainable economic growth and development at the grassroots in other to support low income earners in rural communities, with the aim of alleviating poverty and creating mass employment for economic stability of women and youths, physically challenged, and orphans nationwide.

The President and Founder of GYSAPEO Mr. Ozegbe Emmanuel Chuks told News men that the Organisation is a self owned group, set up by members in other to collectively attain economic success, emancipation and a total transformation for a better Nigeria, Mr. Ozegbe noted that the primary objective is to empower entrepreneurs across every household for self reliance.

The Vision of the organization is to promote member’s entrepreneurial capacities, so that they can generate adequate income for themselves and create surplus for the economic progress of the country. In this way, greater employment opportunities will be ensured, raising the income of individuals and families, also improving the general welfare of its members. Mr. Ozegbe remarks.

Finally, the Organisation empowered her widows with a bags of rice as a means of support and encouragement.

About the author

Oriri Peter is a blogger, an online media expert, an entrepreneur. Founder of Penessaj Communication, He is politically motivated, He has participated in various political campaign platforms, He is also an event planer/social media mobilizer, a social analyst and a strategic thinker. Studied Sociology from Benue State University Makurdi. He is so passionate about the ordinary Nigeria.

Oriri Peter is a blogger, an online media expert, an entrepreneur. Founder of Penessaj Communication, He is politically motivated, He has participated in various political campaign platforms, He is also an event planer/social media mobilizer, a social analyst and a strategic thinker. Studied Sociology from Benue State University Makurdi. He is so passionate about the ordinary Nigeria.

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