GCB Bank funded a six-month training program for 68 women business owners and entrepreneurs. The training was provided Women’s DNA Foundation, the CSR unit of the DNA Fund. Participants who were drawn from Kasoa, Somanya and Ga East and comprised school proprietors, livestock and poultry farmers, traders and women in other sectors.
Thanks to the funding provided by GCB Bank, qualifying trainees would also be eligible for repayable business development grants. The plan is to recirculate repaid grants to other women entrepreneurs on an ongoing cyclical basis.
Women’s DNA Foundation empower women entrepreneurs whose businesses are too small to qualify for commercial investment but are still worth nurturing with business skills training and grant funding. The foundation engages and collaborates with corporate stakeholders to channel CSR Philanthropy resources to support promising grassroots businesses to enable them succeed.
The model enables organisations to contribute meaningfully to local economic development for tangible results and a lasting impact.
Leader of the Women’s DNA Foundation Dr. Amanobea Boateng said the response to the training was very positive and the foundation hopes the initial support from GCB Bank has positioned the Women’s DNA on the path towards establishing a sound track record.