Economic Empowerment Pillar

This is the capacity building and empowerment and settlement arm of HCMI. Its major engagements are to harness and empower individuals and communities for sustainable profit making venture that will ameliorate standards of living, create opportunities for uplifting and fulfillment.

 EEP shall offer basic training of skills in vocational aptitude and micro business operations. It shall also negotiate micro financial assistance for business endeavor at low rates, offer counseling and supervision for established profit making projects.

Standing on the words of the supreme creator as expressed by Moses in Deuteronomy 8:18 But you shall remember the Lord thy God: for it is he that gives thee the power to get wealth, that he may establish his covenant which he swore unto thy fathers, as it is this day. The EEP will train and empower the masses for financial gains through training, counseling, and negotiation of loans, sponsorship and supervising, at lowest possible cost.

Empowering people to empower others is the foundational will of the EEP.

Business and scriptural awareness is the mission of EEP for the people of Liberia  as is declared  in Job 22:23: if you return to the Almighty, you shall be built up and if you will keep unrighteousness away from your tent, the Almighty will become your precious ores and silver the choices to you. And you will decide on something and it will stand for you and upon your way light will shine.


 PROBLEMS AND 0PPORTUNITIES FOR EXPLOITATION (EEP)
The EEP will have to exploit amongst other:

  1. Unemployment and underemployment.
  2. Lack of sponsorship.
  3. Lack of micro capital for investment.
  4. Insufficient credit facilities. Counseling and effective advisory services.
  5. Initiating sole proprietor and joint business ventures.
  6. Accepting to start small and grow systematically.
  7. Meeting numerous demands that will need immediate assistance to get moving.
  8. Unsecured investment.
  9. Counseling and effective advisory services.
  10. High collateral security requirements.
  11. Lack of sufficient business investment skills.
  12. Poor choice and location of business units.
  13. Problems of business tracking.

Building on God’s leading and scriptural principles and wisdom, the EEP shall be successful because the scripture has decreed: your ears shall hear a word behind you saying: this is the way walk in it. There shall be divine leading to ensure success for the EEP’s objectives.

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OBJECTIVE OF EEP
The objectives of EEP amongst others are to:

  1. Open up economic venture for the Liberian masses.
  2. Train and empower Liberian for economic ventures.
  3. Empower Liberians for independent living and life. Assist entrepreneurs to understand the need to save, invest and spend profits judiciously.
  4. Establish and ensure that plowing back of profits for expansion becomes a habit.
  5. Secure critically needed capital for willing and reliable Liberian micro investors.
  6. Supervise investor in business until they stabilize.
  7. Create business outlets and links for locals.
  8. Establishing the fact that diligence, hard work, vision, purpose, planning, and passion are essential for success in all undertakings in life.
  9. Create a sense of business initiative, innovation, diversification, persistence and courage.

           

GOALS OF THE EEP
When the objectives of EEP are set properly in motion, the following goals shall be obtained:

  1. Improved investment and business enterprising in Liberia.
  2. Growth, progress, expansion and all round high levels of economic life.
  3. Improved economic and living standards for Liberians.
  4. Greater confidence and self esteem for individuals.
  5. Availability and easy flow of resources.
  6. Peace of mind and empowerment with self sufficiency for all.
  7. Reduction of poverty, misery, pain, dependency ratios, and other degrading situations.
  8. Lower cost of living with higher standards.
  9. Solace, satisfaction and fulfillment.

The EEP shall be achieved cheaply because the scriptures hold: I shall give you the lands of Canaan as an allotment of your inheritance. The riches of the nation of Liberia shall follow the EEP as an inheritance for those that seek her assistance.

APPROACH OF THE EEP
The EEP shall approach its empowerment program on an open plan which shall incorporate Christian Spiritual moves, Education and Awareness grounds Social Welfare plans and Economic Investment and Empowerment schemes. These plans will all be aimed at enhancing individuals and communities for money making operations. Its approach amongst other shall include:

  1. Daily counseling and orientations.
  2. Linkage with financial openings.
  3. Linkage with market outlets for distribution and purchase of products..
  4. Regular training at refresher courses.
  5. Links and provision of thrift and loan schemes.
  6. Negotiating of hire purchase schemes.
  7. Establishing of joint business for individuals and groups of individuals.
  8. Establishing a system of a productive self-sustaining thrift and loan scheme to provide capital for small business purposes.

Success criteria of EEP
It is difficult and near impossible to raise capital without collateral security. HCMI will therefore start its economic empowerment program by training and encouraging her followers to make use of the resource available around them. More so, he that is faithful in the small and seemingly unimportant things will most definitely be faithful in the big ones. This is the stand point from which the EEP will be successful.


 PROBLEMS AND RISK ASSOCIATED WITH EAP
The likely problems that may surge up are:

  1. Insufficient funds and other work and training aids and facilities.
  2. Insufficient funds to have empowered persons start up a business venture.
  3. Insincere person who would not be faithful in meeting up credit agreements.
  4. Infrastructure.
  5. Liberian masses to build up practicable projects.
  6. Changing the mentality of the masse to spend judiciously.
  7. Building courage in the masses to understand that they can succeed in any venture with diligence and hard work.
  8. Skilled persons who share HCMI’s vision.
  9. Difficulties of keeping tract of empowered person to monitor their progress.
  10. Security of investment.

HCMI has her faith in God. On this ground she knows that the Lord will provide the way out of lack and forward to success.


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