FFW to Build Micro-credit Bank in V.P Boakai's Honor

Thursday, 20th September 2007
Founder and Executive Director of FFW addresses the audience.
Founder and Executive Director of FFW addresses the audience.
Photo Credit: Press & Public Affairs/Office of the Vice President
San Diego, California - The San Diego based charity, Foundation for Women, has made a commitment to fund a micro-credit bank in Liberia in honor of and to be named after Liberia's Vice President Joseph N. Boakai.

The Founder and Executive Director of the Foundation, Deborah Lindholm, disclosed this Wednedsday during a reception she hosted in  honor of Vice Presidnt Boakai at the La Jolla Country Club in SanDiego.

The reception was attended by the cream of the San Diego business community who constitute the FFW Cricle of Giving Members.

Madam Lindholm described the Liberian Vice President as a "Great man", who impressed her as one who is concerned about and committed to serving mankind, when she visited Liberia in 2006.

The bank, Madam Lindholm said, will extend small loans to "very impoverished women" in Liberia.

The Founder of the FFW said already, more than 100 women in Liberia have benefitted from small loans given by the FFW, and that her organization plans to reach all 15 counties in Liberia and assist thousands of women in the next two years.

Madam Lidholm said her foundation is also assiting women in the West African state of Niger and has assisted an estimated 200,000 women in India. She added that the foundation has also initiated a program to assist HIV/AIDS victims and orphaned children in Zambia.

Madam Lindholm thanked the Circle of Giving Members of the Foundation for their contributions, and said she relied on them to establish the micro-credit bank in Liberia.

Earlier, Vice President Boakai said testimonies he has received indicate that several Liberian women are already benefitting from the foundation's generosity.

He also thanked the FFW Circle of Giving Members who are making contributions to this worthy cause, without which, he noted, Liberian women would not be able to send their children to school.

"Your monies are transforming the lives of many people, not just the women. It is helping the women to send their children to school. It is a big contribution to our country because when the grassroots are empowered, they can help to give strength to the economy," Vice President Boakai observed.