Impacted Last Year
Established in 2015, Mentors International serves some of the most poverty-stricken communities in Ghana. Though rich in minerals and natural resources such as gold, oil, and cocoa, 61% of the country still lives below the poverty line of $5.50 per day. Ghana has made great strides in working to reduce extreme poverty, but there are still many families living on less than $100 a year. There is also limited access to financial services such as microloans, savings accounts, and insurance plans.
Ghana quickly reacted to the COVID-19 Pandemic with an abundance of early shutdowns and restrictions. It became clear that the government-mandated lockdowns were severely impacting the most impoverished people in the country. They depended on the daily ability to sell their goods and services in the open markets to feed their families.
Our professional mentors were able to work both in person and virtually with each of our clients to identify the best path forward through the pandemic with a combination of targeted micro-loans, personalized mentoring, and small business training.
Mentors International continues to actively expand our operations in the Northern Region, where the impact of the pandemic has been felt most severely. Early on, our mentors combined business training with hygiene lessons. Cloth masks paid for by a generous donor were distributed. Watch a video about this initiative.
Our mentoring clients have come to rely heavily on our continued small business mentoring and training and the critical access to modest levels of financial capital with micro-loans to continue to operate their businesses. Our mentees and small-loan recipients represent a broad range of industries, from transportation services to sewing.
Thanks to the dedicated efforts of our local staff, most of our small business clients have been able to stabilize their financial situation through the worst of the pandemic and are eager to see things continue to normalize so they can continue to make solid progress toward a brighter and much-improved future.
Through mentorship, training, and micro-loans, we’re able to help these entrepreneurs start, expand, and diversify their businesses. Ultimately, each mentee will be able to transform generational poverty into sustainable self-reliance.